Form 4 for FTV Fortive

Accepted 2023-03-01 00:00:00 ET · period of report 2023-02-27 · accession 0001659166-23-000093 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
DM	2023-03-01	2023-02-27	FTV	LICO JAMES A	Pres, CEO, Dir	A - Grant	—	+56.7K	289.5K	+24%	—
D	2023-03-01	2023-02-27	FTV	LICO JAMES A	Pres, CEO, Dir	A - Grant	$0.00	+139.2K	139.2K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2023-02-27	A	A	10,738	—	300,257	D	—	—	(F3) On February 20, 2020, the Committee awarded the Reporting Person Performance Stock Units ("PSUs") subject to achievement of corresponding performance criteria. This transaction is being reported in connection with the determination by the Committee on February 27, 2023 that the performance criteria of the PSUs have been achieved. The shares remain subject to a two-year holding period requirement. (F4) PSUs are payable in shares of common stock on a one-to-one basis.
2	Common	Common Stock	2023-02-27	A	A	45,945	—	289,519	D	—	—	(F1) On February 27, 2023, the Compensation Committee (the "Committee") awarded the Reporting Person Restricted Stock Units ("RSUs"). This transactions is being reported to identify the portion of the RSUs that are subject only to time-based vesting provisions. Pursuant to the terms of the award, additional RSUs may be issued upon determination by the Committee that the corresponding performance criteria have been achieved. (F2) RSUs are payable in shares of common stock on a one-to-one basis.
3	Derivative	Employee Stock Option (Right to Buy)	2023-02-27	A	A	139,200	$0.00	139,200	D	$66.62 · — to 2033-02-27	139,200 Common Stock	(F6) One half of the options granted vest on each of the third and fourth anniversary of the grant date.