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