FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Vontier Corp [ VNT ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 12/08/2020 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock, par value $0.0001 | 12/08/2020 | A | 2,980(1) | A | $0 | 2,980 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Director Stock Option (Right to Buy) | $32 | 12/08/2020 | A | 4,220(2) | 12/08/2020 | 12/08/2030 | Common Stock, par value $0.0001 | 4,220 | $0 | 4,220 | D | ||||
Director Stock Option (Right to Buy) | $32 | 12/08/2020 | A | 4,820(3) | 12/08/2021 | 12/08/2030 | Common Stock, par value $0.0001 | 4,820 | $0 | 4,820 | D |
Explanation of Responses: |
1. On December 8, 2020, the Issuer granted to the Reporting Person 1,390 restricted stock units ("Annual Grant RSUs") of the Issuer as a portion of the annual equity grant made to the Reporting Person. The Annual Grant RSUs vest on the earlier of the first anniversary of the grant date or the date of the Issuer's 2021 annual meeting of the stockholders, subject to continued service. The Issuer also granted to the Reporting Person 1,590 restricted stock units as a portion of a one-time distribution award in connection with the separation from Fortive Corporation on October 9, 2020 (the "Distribution Awards"). The Distribution Awards vest in three equal installments on each of the first three anniversaries of the grant date, subject to continued service. |
2. he Issuer granted to the Reporting Person 4,220 stock options as a portion of the annual equity grant made to the Reporting Person (the "Annual Grant Stock Options"). The Annual Grant Stock Options are fully vested as of the grant date. |
3. The Issuer granted to the Reporting Person 4,820 stock options as a portion of a one-time distribution award in connection with the separation from Fortive Corporation on October 9, 2020 (the "Distribution Awards"). The Distribution Awards vest in three equal installments on each of the first three anniversaries of the grant date, subject to continued service. |
Remarks: |
/s/ Courtney S. Kamlet, as attorney-in-fact | 12/10/2020 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |