Form 4 for FTV Fortive
Accepted 2025-02-26 00:00:00 ET · period of report 2025-02-24 · accession 0001659166-25-000029 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-02-26 | 2025-02-24 | FTV | LICO JAMES A | Pres, CEO, Dir | S - Sale+OE | $80.38 | -196.1K | 528.9K | -27% | -$15.76M |
| DM | 2025-02-26 | 2025-02-24 | FTV | LICO JAMES A | Pres, CEO, Dir | A - Grant | — | +87.4K | 601.5K | +17% | — |
| DM | 2025-02-26 | 2025-02-24 | FTV | LICO JAMES A | Pres, CEO, Dir | M - OptEx | $35.35 | +336.0K | 621.3K | +118% | +$11.88M |
| DM | 2025-02-26 | 2025-02-24 | FTV | LICO JAMES A | Pres, CEO, Dir | F - Tax | $80.10 | -107.2K | 514.1K | -17% | -$8.59M |
| DM | 2025-02-26 | 2025-02-24 | FTV | LICO JAMES A | Pres, CEO, Dir | M - OptEx | $0.00 | -336.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-02-24 | S | D | 196,117 | $80.38 | 528,851 | D | — | — | (F2) The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.065 to $80.670. The Reporting Person undertakes to provide to the Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. |
| 2 | Common | Common Stock | 2025-02-24 | A | A | 3,862 | — | 517,949 | D | — | — | (F4) On February 26, 2024, the Compensation Committee (the "Committee") awarded the Reporting Person RSUs with the opportunity to earn additional RSUs ("Additional RSUs") upon achievement of corresponding performance criteria. This transaction is being reported in connection with the determination by the Committee on February 24, 2025 that the performance criteria of the Additional RSUs have been achieved. The Additional RSUs remain subject to time-based vesting provisions. (F5) RSUs are payable in shares of common stock on a one-to-one basis. |
| 3 | Common | Common Stock | 2025-02-24 | A | A | 83,572 | — | 601,521 | D | — | — | (F6) On February 28, 2022, 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 24, 2025 that the performance criteria of the PSUs have been achieved. The shares remain subject to a one-year holding period requirement. (F7) PSUs are payable in shares of common stock on a one-to-one basis. |
| 4 | Common | Common Stock | 2025-02-24 | M | A | 196,117 | $35.38 | 724,968 | D | — | — | |
| 5 | Common | Common Stock | 2025-02-24 | F | D | 92,443 | $80.10 | 528,851 | D | — | — | |
| 6 | Common | Common Stock | 2025-02-24 | M | A | 139,882 | $35.31 | 621,294 | D | — | — | |
| 7 | Common | Common Stock | 2025-02-24 | F | D | 14,764 | $80.10 | 514,087 | D | — | — | (F3) This transaction relates to the aggregate withholding of shares for tax purposes in connection with the vesting and distribution of restricted stock units. |
| 8 | Derivative | Employee Stock Option (Right to Buy) | 2025-02-24 | M | D | 196,117 | $0.00 | 0 | D | $35.38 · — to 2026-02-24 | 196,117 Common Stock | (F10) Prior to the Separation, one-half of the stock options issued by Danaher on February 24, 2016 ("2016 Danaher Options") to the Reporting Person became exercisable on the fourth and fifth anniversary of the grant date. In connection with the Separation, the 2016 Danaher Options that remained outstanding as of July 2, 2016 were converted into stock options to purchase 163,052 shares of the Issuer's common stock with identical vesting schedule. In addition, the total number of stock options and the exercise price reflect an anti-dilution adjustment applied as a result of the spin-off of Vontier Corporation from the Issuer on October 9, 2020. |
| 9 | Derivative | Employee Stock Option (Right to Buy) | 2025-02-24 | M | D | 139,882 | $0.00 | 0 | D | $35.31 · — to 2025-02-24 | 139,882 Common Stock | (F9) Prior to the separation of the Issuer from Danaher Corporation ("Danaher") on July 2, 2016 (the "Separation"), one-half of the stock options issued by Danaher on February 24, 2015 ("2015 Danaher Options") to the Reporting Person became exercisable on the fourth and fifth anniversary of the grant date. In connection with the Separation, the 2015 Danaher Options that remained outstanding as of July 2, 2016 were converted into stock options to purchase 116,298 shares of the Issuer's common stock with identical vesting schedule. In addition, the total number of stock options and the exercise price reflect an anti-dilution adjustment applied as a result of the spin-off of Vontier Corporation from the Issuer on October 9, 2020. |