0001209191-23-051701.txt : 20231003
0001209191-23-051701.hdr.sgml : 20231003
20231003185720
ACCESSION NUMBER: 0001209191-23-051701
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230930
FILED AS OF DATE: 20231003
DATE AS OF CHANGE: 20231003
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Honeycutt Jennifer
CENTRAL INDEX KEY: 0001834046
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41770
FILM NUMBER: 231305985
MAIL ADDRESS:
STREET 1: 2200 PENNSYLVANIA AVENUE
STREET 2: SUITE 800W
CITY: WASHINGTON
STATE: DC
ZIP: 20037
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Veralto Corp
CENTRAL INDEX KEY: 0001967680
STANDARD INDUSTRIAL CLASSIFICATION: INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825]
IRS NUMBER: 921941413
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 225 WYMAN ST.
STREET 2: SUITE 250
CITY: WALTHAM
STATE: MA
ZIP: 02451
BUSINESS PHONE: (202) 828-0850
MAIL ADDRESS:
STREET 1: 225 WYMAN ST.
STREET 2: SUITE 250
CITY: WALTHAM
STATE: MA
ZIP: 02451
4
1
doc4.xml
FORM 4 SUBMISSION
X0508
4
2023-09-30
0
0001967680
Veralto Corp
VLTO
0001834046
Honeycutt Jennifer
C/O VERALTO CORPORATION
225 WYMAN ST., SUITE 250
WALTHAM
MA
02451
1
1
0
0
President and CEO
0
Common Stock
2023-09-30
4
A
0
101975
A
103150
D
Common Stock
2023-10-02
4
A
0
17624
0.00
A
17624
D
Employee stock option (right to buy)
22.04
2023-09-30
4
A
0
28019
A
2026-02-24
Common stock
28019
28019
D
Employee stock option (right to buy)
26.61
2023-09-30
4
A
0
11553
A
2026-11-15
Common stock
11553
11553
D
Employee stock option (right to buy)
28.76
2023-09-30
4
A
0
31938
A
2027-02-24
Common stock
31938
31938
D
Employee stock option (right to buy)
33.19
2023-09-30
4
A
0
34691
A
2028-02-24
Common stock
34691
34691
D
Employee stock option (right to buy)
37.92
2023-09-30
4
A
0
39570
A
2029-02-24
Common stock
39570
39570
D
Employee stock option (right to buy)
43.79
2023-09-30
4
A
0
11104
A
2029-05-15
Common stock
11104
11104
D
Employee stock option (right to buy)
52.40
2023-09-30
4
A
0
38523
A
2030-02-24
Common stock
38523
38523
D
Employee stock option (right to buy)
62.93
2023-09-30
4
A
0
36068
A
2030-07-15
Common stock
36068
36068
D
Employee stock option (right to buy)
74.51
2023-09-30
4
A
0
9877
A
2031-02-24
Common stock
9877
9877
D
Employee stock option (right to buy)
74.51
2023-09-30
4
A
0
53309
A
2031-02-24
Common stock
53309
53309
D
Employee stock option (right to buy)
90.73
2023-09-30
4
A
0
51175
A
2032-02-24
Common stock
51175
51175
D
Employee stock option (right to buy)
83.23
2023-09-30
4
A
0
56829
A
2033-02-24
Common stock
56829
56829
D
Employee stock option (right to buy)
85.12
2023-09-30
4
A
0
33183
A
2033-10-02
Common stock
33183
33183
D
Employee stock option (right to buy)
85.12
2023-10-02
4
A
0
6637
A
2033-10-02
Common stock
6637
6637
D
Veralto Exec Deferred Incentive Program - Veralto Stock Fund
0.00
2023-09-30
4
A
0
44160
A
Common stock
44160
44160
D
Represents equity awards originally granted by Danaher Corporation ("Danaher") that have been converted into equity awards of Veralto Corporation ("Veralto") in connection with the spin-off of Veralto from Danaher (the "Spin-off").
Represents performance stock units and restricted stock units ("RSUs") issued by Danaher and converted into RSUs of Veralto. 77,342 RSUs have vested and 24,633 remain unvested as of the Spin-off, including (i) 12,273 RSUs vesting in five equal annual installments beginning on February 24, 2020, (ii) 3,443 RSUs vesting in three equal annual installments beginning on May 15, 2022 and (iii) 21,028 RSUs vesting in four equal annual installments beginning on February 24, 2024. The exact number of such shares that relate to previously granted performance share units is estimated for purposes of this Form 4; however the final performance metrics have not yet been finally calculated and could result in a change of the number of shares. If the number of shares changes, an amended form 4 will be filed by the Reporting Person.
Includes shares received in the Spin-off with respect to shares of Danaher common stock held prior to the Spin-off.
Represents (i) 14,686 RSUs granted in connection with the Separation that will vest in two equal annual installments beginning October 2, 2026, and (ii) 2,938 RSUs granted in connection with the Separation that will vest in three equal annual installments beginning on October 2, 2024, subject to continued employment.
Represent stock options that are fully vested.
Represents stock options that vest in five equal annual installments beginning on February 24, 2020, subject to continued employment.
Represents stock options that vest in three equal annual installments beginning on May 15, 2022, subject to continued employment.
Represents stock options that vest in three equal annual installments beginning on February 24, 2023, subject to continued employment.
Represents stock options that vest in three equal annual installments beginning on July 15, 2023, subject to continued employment.
Represents stock options that vest in three equal annual installments beginning on February 24, 2024, subject to continued employment.
Represents stock options that vest in two equal annual installments beginning on February 24, 2025, subject to continued employment.
Represents stock options that vest in two equal annual installments beginning on February 24, 2026, subject to continued employment.
Represents stock options granted in connection with the Separation that will vest in two equal annual installments beginning on October 2, 2026, subject to continued employment.
Represents employee stock options granted in connection with the Separation that will vest in three equal annual installments beginning on October 2, 2024, subject to continued employment.
Represents phantom shares in Veralto's stock fund (the "EDIP Stock Fund") under the Veralto Corporation Executive Deferred Compensation Program (the "EDIP"). Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in Veralto common stock.
The notional shares convert on a one-for-one basis.
The vesting terms and manner and form of distribution of amounts contributed or deferred under the EDIP are based upon the provisions of the plan, which provisions are summarized in the Registration Statement on Form 10 filed by Veralto with the Securities and Exchange Commission.
/s/ James Tanaka, as attorney-in-fact
2023-10-03