SEC Form 4 · accession 0000313616-15-000073
DANAHER CORP /DE/ · DHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter G Lohr
Director
Period of report
Jul 15, 2015
Accepted (ET)
Jul 15, 2015 · 6:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000313616
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 15, 2015 | A | 870 | $0.00 | A | 453,505 | D | |
| Common StockF2 | holding | — | — | — | 106,656 | I | By trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director stock option (right to buy) | $88.33 | Jul 15, 2015 | A | 2,640 | A | Jul 15, 2015 | Jul 15, 2025 | Common Stock | 2,640 | 2,640 | D |
Explanation of responses
- F1On July 15, 2015, Danaher Corporation granted the reporting person 870 restricted stock units (RSUs). Since the RSUs are payable solely in common stock, they are being reported in Table I of this Form 4. The RSUs vest on the earlier of the first anniversary of the grant date, or the date of (and immediately prior to) the next annual meeting of Danaher's shareholders following the grant date, but the underlying shares are not issued until the earlier of the director's death or the first day of the seventh month following the director's retirement from the Board.
- F2The reported shares are held in a trust for the benefit of the reporting person's adult children, for which the reporting person is the trustee and has voting and investment control over the shares. The reporting person disclaims beneficial ownership of these shares.