0001659166-24-000083.txt : 20240314 0001659166-24-000083.hdr.sgml : 20240314 20240314205607 ACCESSION NUMBER: 0001659166-24-000083 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240313 FILED AS OF DATE: 20240314 DATE AS OF CHANGE: 20240314 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Simmons Edward Read CENTRAL INDEX KEY: 0001843981 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37654 FILM NUMBER: 24752224 MAIL ADDRESS: STREET 1: 6920 SEAWAY BLVD CITY: EVERETT STATE: WA ZIP: 98203 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_1710464156.xml FORM 4 X0508 4 2024-03-13 0 0001659166 Fortive Corp FTV 0001843981 Simmons Edward Read 6920 SEAWAY BLVD EVERETT WA 98203 0 1 0 0 SVP - Strategy 0 Executive Deferred Incentive Program - Fortive Stock Fund 2024-03-06 5 A 0 E 122.761 84.23 A Common Stock 122.761 3081.503 D Executive Deferred Incentive Program - Fortive Stock Fund 2024-03-13 4 A 0 844.255 85.46 A Common Stock 844.255 3925.758 D Pursuant to the terms of Fortive's Executive Deferred Incentive Plan (the "EDIP"), the value of restoration contribution made by the Issuer through unfunded, notional shares of the Issuer's common stock reflect the identical amount of contribution that the Issuer would have made to the Reporting Person's 401(k) retirement account pursuant to the terms of the Company's savings plan had the amount of salary deferred by the Reporting Person in his EDIP account had instead been contributed by the Participant to his 401(k) retirement account. The notional shares convert on a one-to-one basis. The Reporting Person immediately vests in 100% of each voluntary contribution to the Fortive stock fund (the "EDIP Stock Fund") under the EDIP. The Reporting Person will vest in all contributions to the EDIP Stock Fund by the Issuer as follows: 100% upon the earlier of the Reporting Person's death, or upon retirement following at least 5 years of service with the Issuer and reaching the age of 55, or, if earlier, one-tenth per year of participation following five years of participation, in each case in accordance with the EDIP. Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in the Issuer's common stock. Compensation deferred or contributed into the EDIP Stock Fund is deemed to be invested in a number of unfunded, notional shares of the Issuer's common stock based on the closing price of such common stock as reported on the NYSE on the date such compensation is credited to the EDIP Stock Fund (or the closing price for the immediately preceding business day, if such date is not a business day), which closing price is shown in Table II, Column 8. Daniel B. Kim, attorney-in-fact 2024-03-14