SEC Form 4 · accession 0001659166-16-000009
Fortive Corp · FTV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raj Ratnakar
Officer — VP - Strategic Development
Period of report
Jul 15, 2016
Accepted (ET)
Jul 18, 2016 · 4:36 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001659166
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 15, 2016 | M | 519 | — | A | 519 | D | |
| Common Stock | Jul 15, 2016 | F | 159 | $51.23 | D | 360 | D | |
| Common StockF1 | Jul 15, 2016 | M | 476 | — | A | 836 | D | |
| Common Stock | Jul 15, 2016 | F | 146 | $51.23 | D | 690 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F1 | — | Jul 15, 2016 | M | 519 | D | — | — | Common Stock | 519 | 1,556 | D |
| Restricted Stock UnitF3,F1 | — | Jul 15, 2016 | M | 476 | D | — | — | Common Stock | 476 | 1,902 | D |
Explanation of responses
- F1Restricted stock units are payable in shares of common stock on a one-to-one basis.
- F2In connection with the separation of the Issuer from Danaher Corporation ("Danaher"), Restricted Stock Units issued by Danaher on July 15, 2014 to the Reporting Person that remained unvested as of July 2, 2016 were converted into 2,075 Restricted Stock Units of the Issuer vesting in four remaining equal annual installments beginning on July 15, 2016.
- F3In connection with the separation of the Issuer from Danaher, Restricted Stock Units issued by Danaher on July 15, 2015 to the Reporting Person that remained unvested as of July 2, 2016 were converted into 2,378 Restricted Stock Units of the Issuer vesting in five equal annual installments beginning on July 15, 2016.