0001659166-24-000025.txt : 20240206 0001659166-24-000025.hdr.sgml : 20240206 20240206184037 ACCESSION NUMBER: 0001659166-24-000025 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240202 FILED AS OF DATE: 20240206 DATE AS OF CHANGE: 20240206 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LICO JAMES A CENTRAL INDEX KEY: 0001210231 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37654 FILM NUMBER: 24601578 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Fortive Corp CENTRAL INDEX KEY: 0001659166 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6920 SEAWAY BLVD. CITY: EVERETT STATE: WA ZIP: 98203 BUSINESS PHONE: (425) 446-5000 MAIL ADDRESS: STREET 1: 6920 SEAWAY BLVD. CITY: EVERETT STATE: WA ZIP: 98203 FORMER COMPANY: FORMER CONFORMED NAME: TGA Holding Corp. DATE OF NAME CHANGE: 20151123 4 1 wk-form4_1707262828.xml FORM 4 X0508 4 2024-02-02 0 0001659166 Fortive Corp FTV 0001210231 LICO JAMES A 6920 SEAWAY BLVD EVERETT WA 98203 1 1 0 0 President and CEO 0 Common Stock 2024-02-02 4 M 0 100000 31.07 A 539948 D Common Stock 2024-02-02 4 S 0 100000 82.30 D 439948 D Common Stock 2024-02-06 4 M 0 31525 31.07 A 471473 D Common Stock 2024-02-06 4 M 0 75000 30.42 A 546473 D Common Stock 2024-02-06 4 S 0 105853 81.49 D 440620 D Common Stock 2024-02-06 4 S 0 672 82.42 D 439948 D Common Stock 131435 I By Grantor Retained Annuity Trust Common Stock 19790 I By 401(k) Employee Stock Option (Right to Buy) 31.07 2024-02-02 4 M 0 100000 0 D 2024-02-24 Common Stock 100000 31525 D Employee Stock Option (Right to Buy) 31.07 2024-02-06 4 M 0 31525 0 D 2024-02-24 Common Stock 31525 0 D Employee Stock Option (Right to Buy) 30.42 2024-02-06 4 M 0 75000 0 D 2024-05-15 Common Stock 75000 29480 D The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.00 to $82.71. The Reporting Person undertakes to provide to the Issuer, any security holder of Issuer, 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 range set forth herein. The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.11 to $82.00. The Reporting Person undertakes to provide to the Issuer, any security holder of Issuer, 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 range set forth herein. The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.22 to $82.47. The Reporting Person undertakes to provide to the Issuer, any security holder of Issuer, 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 range set forth herein. Based on a plan statement dated as of January 31, 2024. Prior to the separation of the Issuer from Danaher Corporation ("Danaher") on July 2, 2016 (the "Separation"), one-half of the stock options issued by Danaher on February 24, 2014 ("2014 February Danaher Options") to the Reporting Person became exercisable on the fourth and fifth anniversary of the grant date. In connection with the Separation, the 2014 February Danaher Options that remained outstanding as of July 2, 2016 were converted into stock options to purchase 109,350 shares of the Issuer's common stock with identical vesting schedule. In addition, the total number of stock options and the exercise price reflect an anti-dilution adjustment applied as a result of the spin-off of Vontier Corporation from the Issuer on October 9, 2020. Prior to the Separation, one-half of the stock options issued by Danaher on May 15, 2014 ("2014 May Danaher Options") to the Reporting Person became exercisable on the fourth and fifth anniversary of the grant date. In connection with the Separation, the 2014 May Danaher Options that remained outstanding as of July 2, 2016 were converted into stock options to purchase 86,865 shares of the Issuer's common stock with identical vesting schedule. In addition, the total number of stock options and the exercise price reflect an anti-dilution adjustment applied as a result of the spin-off of Vontier Corporation from the Issuer on October 9, 2020. Daniel B. Kim, as attorney-in-fact 2024-02-06