SEC Form 4 · accession 0001659166-18-000226
Fortive Corp · FTV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick K Murphy
Officer — Senior Vice President
Period of report
Oct 1, 2018
Accepted (ET)
Oct 1, 2018 · 5:04 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 | Oct 1, 2018 | S$0 | 111 | — | D | 24,357 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person tendered 960 shares of Issuer common stock in an exchange offer commenced by the Issuer on August 28, 2018. For each share of Issuer common stock tendered and accepted by the Issuer in the exchange offer, the Issuer exchanged 2.2117 shares of common stock of Stevens Holding Company, Inc. ("Newco"). On October 1, 2018, the Issuer announced a final proration factor of 11.6114% for the exchange offer, resulting in the acceptance of 111 shares out of the 960 shares of Issuer common stock tendered by the Reporting Person in the exchange offer. In connection with the previously announced merger of a wholly owned subsidiary of Altra Industrial Motion Corp. ("Altra") with Newco, each share of Newco common stock received by the Reporting Person in the exchange offer converted automatically into one share of Altra common stock. The closing price of Altra common stock on October 1, 2018 was $41.59.