Accession Number: | 0001659166-19-000105 |
Date: | 2019-03-29 |
Issuer: | FORTIVE CORP (FTV) |
Original Submission Date: |
RATNAKAR RAJ
6920 SEAWAY BLVD
EVERETT, WA 98203
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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EXECUTIVE DEFERRED INCENTIVE PROGRAM - FORTIVE STOCK FUND | 0.0 | 2019-03-29 | deemed execution date | A | 2 (a) | common stock 2 | $0.00 | 2,282 | direct |
ID | footnote |
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f1 | the reported securities are notional dividend accruals on phantom shares in the fortive stock fund (the "edip stock fund") under fortive's executive deferred incentive program (the "edip"). the number of phantom shares accrued as a result of such notional dividend accruals is based on the closing price of the issuer's common stock as reported on the nyse on the date such dividend accruals are credited to the edip stock fund, which is the price shown in table ii, column 8 above. |
f2 | the notional shares convert on a one-to-one basis. |
f3 | the reporting person immediately vests in 100% of each voluntary contribution to the edip stock fund. 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. |