SEC Form 4 · accession 0000313616-17-000106
DANAHER CORP /DE/ · DHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert S Lutz
Officer — SVP-Chief Accounting Officer
Period of report
Feb 23, 2017
Accepted (ET)
Feb 27, 2017 · 6:22 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 Stock | Feb 23, 2017 | F | 1,807 | $85.13 | D | 27,475 | D | |
| Common Stock | Feb 24, 2017 | F | 1,263 | $86.08 | D | 26,212 | D | |
| Common Stock | Feb 24, 2017 | M | 37,870 | $19.89 | A | 64,082 | D | |
| Common StockF2 | Feb 24, 2017 | S | 37,870 | $85.598 | D | 26,212 | 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 | 22,390 | A | — | Feb 24, 2027 | Common Stock | 22,390 | 22,390 | D |
| Employee Stock Option (right to buy)F3 | $19.89 | Feb 24, 2017 | M | 37,870 | D | — | Feb 24, 2019 | Common Stock | 37,870 | 0 | 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.55 to $85.70, 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.
- F3One-third of the options granted vest or vested on each of the third, fourth and fifth anniversaries of the grant date.