0001659166-20-000040.txt : 20200224
0001659166-20-000040.hdr.sgml : 20200224
20200224201941
ACCESSION NUMBER: 0001659166-20-000040
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200221
FILED AS OF DATE: 20200224
DATE AS OF CHANGE: 20200224
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LICO JAMES A
CENTRAL INDEX KEY: 0001210231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37654
FILM NUMBER: 20646858
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Fortive Corp
CENTRAL INDEX KEY: 0001659166
STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823]
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
wf-form4_158259356487196.xml
FORM 4
X0306
4
2020-02-21
0
0001659166
Fortive Corp
FTV
0001210231
LICO JAMES A
6920 SEAWAY BLVD
EVERETT
WA
98203
1
1
0
0
President and CEO
Common Stock
2020-02-21
4
M
0
70293
18.21
A
464846
D
Common Stock
2020-02-21
4
F
0
37901
75.81
D
426945
D
Common Stock
19487
I
By 401(k)
Employee Stock Option (Right to Buy)
18.21
2020-02-21
4
M
0
70293
0
D
2020-02-23
Common Stock
70293.0
0
D
Under the terms of the Fortive 2016 Stock Incentive Plan, on the last trading day on which an outstanding option may be exercised, if as of the close of trading on such day the then closing market price of a share of common stock of the Issuer exceeds the per share exercise price of such option by at least $.01 (an "Eligible Option"), the holder of such option will be deemed to have automatically exercised ("Auto Exercise") such Eligible Option as of the expiration date of the Eligible Option, with the Issuer withholding the number of shares of common stock issued upon Auto Exercise in an amount necessary to satisfy (1) the exercise price obligation for the Eligible Option, and (2) the tax withholding requirements arising from the Auto Exercise, in each case, based on the market price as of the close of trading on the date of the Auto Exercise. This transaction is being reported to disclose the Auto Exercise of the corresponding Eligible Option held by the Reporting Person.
Based on a plan statement dated as of January 31, 2020.
Prior to the separation of the Issuer from Danaher Corporation ("Danaher") on July 2, 2016 (the "Separation"), the stock options issued by Danaher on February 23, 2010 ("2010 Danaher Options") to the Reporting Person became exercisable ratably on fourth and fifth anniversary of the grant date. In connection with the Separation, the 2010 Danaher Options that remained unexercised as of July 2, 2016 were converted into stock options to purchase 195,293 shares of the Issuer's common stock with identical vesting schedule.
Daniel B. Kim, as attorney-in-fact
2020-02-24