SEC Form 5 · accession 0000313616-15-000015
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
Dec 31, 2014
Accepted (ET)
Jan 14, 2015 · 5:35 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 31, 2014 | A | 3 | A | — | — | Common Stock | 3 | 9,835 | D |
| Executive Deferred Incentive Program - Danaher Stock FundF1,F2,F3 | $0.00 | Apr 25, 2014 | A | 13 | A | — | — | Common Stock | 13 | 9,835 | D |
| Executive Deferred Incentive Program - Danaher Stock FundF1,F2,F3 | $0.00 | Jul 25, 2014 | A | 13 | A | — | — | Common Stock | 13 | 9,835 | D |
| Executive Deferred Incentive Program - Danaher Stock FundF1,F2,F3 | $0.00 | Oct 31, 2014 | A | 12 | A | — | — | Common Stock | 12 | 9,835 | D |
| Executive Deferred Incentive Program - Danaher Stock FundF4,F2,F3 | $0.00 | Dec 12, 2014 | A | 11 | A | — | — | Common Stock | 11 | 9,835 | D |
| Executive Deferred Incentive Program - Danaher Stock FundF4,F2,F3 | $0.00 | Dec 30, 2014 | A | 11 | A | — | — | Common Stock | 11 | 9,835 | D |
Explanation of responses
- F1The reported securities are notional dividend accruals on phantom shares in the Danaher stock fund (the "EDIP Stock Fund") under Danaher's Executive Deferred Incentive Program (the "EDIP"). The number of phantom shares accrued as a result of such notional dividend accruals is based on the closing price of Danaher common stock as reported on the NYSE on the date such dividend accruals are credited to the EDIP Stock Fund, which is the price shown in Table II, Column 8 above.
- 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.
- F4The reported securities are voluntary contributions to the EDIP Stock Fund under the EDIP in the form of phantom shares. The number of phantom shares accrued as a result of such contributions is based on the closing price of Danaher common stock as reported on the NYSE on the date such contributions are credited to the EDIP Stock Fund, which is the price shown in Table II, Column 8 above.