SEC Form 4 · accession 0000313616-16-000214
DANAHER CORP /DE/ · DHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Patrick Joyce Jr.
Officer — President and CEO · Director
Period of report
Jul 30, 2016
Accepted (ET)
Aug 2, 2016 · 6:07 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 Stock | Jul 30, 2016 | F | 10,131 | $81.44 | D | 179,054 | D | |
| Common StockF3 | Aug 1, 2016 | S | 9,772 | $81.431 | D | 169,282 | D | |
| Common Stock | Aug 1, 2016 | M | 36,125 | $28.55 | A | 205,407 | D | |
| Common StockF4 | Aug 1, 2016 | S | 36,125 | $81.446 | D | 169,282 | D | |
| Common Stock | holding | — | — | — | 2,285 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee stock option (right to buy)F5 | $28.55 | Aug 1, 2016 | M | 36,125 | D | — | Feb 20, 2018 | Common Stock | 36,125 | 108,376 | D |
Explanation of responses
- F1The transaction reported in this Form 4 relates to the withholding of certain shares for tax purposes in connection with the vesting of performance-based restricted stock units.
- F2The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in February 2016.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.30 to $81.56, inclusive. The reporting person undertakes to provide to Danaher Corporation, any securityholder of Danaher Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.19 to $81.57, inclusive.
- F550% of the reported options became exercisable on each of the fourth and fifth anniversaries of the grant date, which was February 20, 2008.