SEC Form 4 · accession 0000313616-18-000039
DANAHER CORP /DE/ · DHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rainer Blair
Officer — Executive Vice President
Period of report
Feb 20, 2018
Accepted (ET)
Feb 22, 2018 · 5:20 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,F2 | Feb 20, 2018 | A | 10,170 | $0.00 | A | 50,477 | D | |
| Common Stock | Feb 21, 2018 | M | 15,775 | $40.45 | A | 66,252 | D | |
| Common StockF3 | Feb 21, 2018 | S | 15,775 | $97.27 | D | 50,477 | D | |
| Common Stock | Feb 21, 2018 | M | 15,775 | $40.45 | A | 66,252 | D | |
| Common StockF4 | Feb 21, 2018 | S | 15,775 | $97.261 | D | 50,477 | D | |
| Common Stock | Feb 21, 2018 | M | 11,266 | $28.98 | A | 61,743 | D | |
| Common StockF4 | Feb 21, 2018 | S | 11,266 | $97.255 | D | 50,477 | D | |
| Common Stock | Feb 21, 2018 | M | 8,264 | $37.51 | A | 58,741 | D | |
| Common StockF5 | Feb 21, 2018 | S | 8,264 | $97.257 | D | 50,477 | D | |
| Common StockF6 | Feb 21, 2018 | F | 333 | $97.35 | D | 50,144 | 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)F7 | $40.45 | Feb 21, 2018 | M | 15,775 | D | — | Feb 23, 2022 | Common Stock | 15,775 | 0 | D |
| Employee Stock Option (Right to Buy)F8 | $40.45 | Feb 21, 2018 | M | 15,775 | D | — | Feb 23, 2022 | Common Stock | 15,775 | 0 | D |
| Employee Stock Option (Right to Buy)F9 | $28.98 | Feb 21, 2018 | M | 11,266 | D | — | Jul 27, 2020 | Common Stock | 11,266 | 0 | D |
| Employee Stock Option (Right to Buy)F10 | $37.51 | Feb 21, 2018 | M | 8,264 | D | — | Feb 23, 2021 | Common Stock | 8,264 | 0 | D |
Explanation of responses
- F1On November 15, 2016, the Compensation Committee of the Company's Board of Directors awarded the reporting person performance-based restricted stock units under the Danaher Corporation 2007 Omnibus Incentive Plan. This Form 4 is being filed in connection with the determination by the Compensation Committee that the performance criteria of the award have been achieved.
- F10One-fifth of the reported stock options vested on each of the first five anniversaries of the grant date, which was February 23, 2011
- F2Upon distribution, the performance stock units convert into shares of Danaher common stock on a one-for-one basis.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.25 to $97.35, 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 $97.25 to $97.33, inclusive.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.25 to $97.34, inclusive.
- F6This transaction relates to the withholding of certain shares for tax purposes in connection with the vesting and distribution of performance-based restricted stock units.
- F7One-fifth of the reported stock options vested on each of the first five anniversaries of the grant date, which was February 23, 2012.
- F8One-third of the reported stock options vested on each of the third, fourth and fifth anniversaries of the grant date, which was February 23, 2012.
- F9One-fifth of the reported stock options vested on each of the first five anniversaries of the grant date, which was July 27, 2010.