SEC Form 4 · accession 0000313616-15-000003
DANAHER CORP /DE/ · DHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William K Daniel
Officer — EVP
Period of report
Jan 1, 2015
Accepted (ET)
Jan 5, 2015 · 5:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000313616
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Executive Deferred Incentive Program - Danaher Stock FundF1,F2,F3 | $0.00 | Jan 1, 2015 | A | 1,023 | A | — | — | Common Stock | 1,023 | 10,847 | D |
Explanation of responses
- F1Compensation deferred or contributed into the Danaher stock fund (the "EDIP Stock Fund") included in Danaher's Executive Deferred Incentive Program (the "EDIP") is deemed to be invested in a number of unfunded, notional shares of Danaher common stock based on the closing price of Danaher common stock as reported on the NYSE on the date such compensation is credited to the EDIP Stock Fund (or the closing price for the immediately preceding business day, if such date is not a business day). The price shown in Table II, Column 8 is the closing price per share of Danaher common stock applicable to the respective transaction date.
- F2The notional shares convert on a one-for-one basis.
- F3The reporting person immediately vests in 100% of each voluntary contribution to the EDIP Stock Fund. The reporting person will vest in all company contributions to the EDIP Stock Fund as follows: 100% upon the earlier of the reporting person's death, or upon retirement following at least 5 years of service with Danaher and reaching the age of 55, or, if earlier, one-tenth per year of participation following five years of participation, in each case in accordance with the plan. Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in Danaher common stock.