SEC Form 4 · accession 0000313616-17-000097
DANAHER CORP /DE/ · DHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian W Ellis
Officer — Senior Vice President - GC
Period of report
Feb 21, 2017
Accepted (ET)
Feb 27, 2017 · 5:46 pm EST
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 | Feb 21, 2017 | A | 7,718 | $0.00 | A | 7,718 | D | |
| Common Stock | Feb 24, 2017 | F | 561 | $86.08 | D | 7,157 | D |
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)F3 | $83.75 | Feb 24, 2017 | A | 31,990 | A | — | Feb 24, 2027 | Common Stock | 31,990 | 31,990 | D |
Explanation of responses
- F1On February 24, 2016, the Compensation Committee of the Company's Board of Directors awarded the reporting person performance based restricted stock units. This Form 4 is being filed in connection with the performance criteria achievement. The award remains subject to time-based vesting provisions.
- F2The transaction reported in this Form 4 relates to the withholding of certain shares for tax purposes in connection with the vesting of restricted stock units.
- F3One-third of the options granted vest on each of the third, fourth and fifth anniversaries of the grant date.