Fortive Corp false 0001659166 0001659166 2024-06-04 2024-06-04 0001659166 us-gaap:CommonStockMember 2024-06-04 2024-06-04 0001659166 ftv:M3.700NotesDue2026Member 2024-06-04 2024-06-04 0001659166 ftv:M3.700NotesDue2029Member 2024-06-04 2024-06-04

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

June 4, 2024

Date of Report (Date of Earliest Event Reported)

 

 

Fortive Corporation

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Delaware   001-37654   47-5654583
(State or Other Jurisdiction
Of Incorporation)		   (Commission
File Number)		   (I.R.S. Employer
Identification No.)

6920 Seaway Blvd

Everett, WA 98203

(Address of principal executive offices)

Registrant’s telephone number, including area code: (425) 446 - 5000

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities Registered Pursuant to Section 12(b) of the Act:

 

Title of Each Class

  

Trading
Symbols

  

Name of Each Exchange

on Which Registered

Common stock, par value $.01 per share   FTV   New York Stock Exchange
3.700% Notes due 2026   FTV26A   New York Stock Exchange
3.700% Notes due 2029   FTV29   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 5.07

Submission of Matters to a Vote of Security Holders.

At the Annual Meeting held on June 4, 2024, the Company’s shareholders voted on the following five proposals:

Proposal 1: To elect the nine director nominees named in the Proxy Statement, each for a one-year term expiring at the 2025 annual meeting and until his or her respective successor is duly elected and qualified. Each nominee for director was elected by a vote of the shareholders as follows:

 

     For      Against      Abstain      Broker Non-Votes  

Eric Branderiz

      285,843,045        25,918,202        286,490        12,488,170  

Daniel L. Comas

      306,451,699        5,314,727        281,311        12,488,170  

Sharmistha Dubey

      280,714,092        31,048,850        284,795        12,488,170  

Rejji P. Hayes

      287,539,834        24,220,144        287,759        12,488,170  

Wright L. Lassiter III

      283,348,343        28,412,605        286,789        12,488,170  

James A. Lico

      287,639,452        24,123,649        284,636        12,488,170  

Kate D. Mitchell

      267,844,415        43,919,619        283,703        12,488,170  

Jeannine Sargent

      283,039,025        28,717,436        291,276        12,488,170  

Alan G. Spoon

      257,282,813        54,359,273        405,651        12,488,170  

Proposal 2: To approve on an advisory basis the Company’s named executive officer compensation. The proposal was approved by a vote of the shareholders as follows:

 

For

      287,274,473  

Against

      23,800,348  

Abstain

      972,916  

Broker Non-Votes

      12,488,170  

Proposal 3: To approve amendments to the Company’s Restated Certification of Incorporation to include an officer exculpation provision. The proposal was approved by a vote of the shareholders as follows:

 

For

      278,789,109  

Against

      32,330,816  

Abstain

      927,812  

Broker Non-Votes

      12,488,170  

Proposal 4: To ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024. The proposal was approved by a vote of the shareholders as follows:

 

For

      312,843,140  

Against

      11,373,499  

Abstain

      319,268  

Proposal 5: To consider and act upon a shareholder proposal to approve an amendment to the Company’s Bylaws to require shareholder approval of director compensation. The proposal was rejected by a vote of the shareholders as follows:

 

For

      5,454,519  

Against

      304,984,147  

Abstain

      1,609,071  

Broker Non-Votes

      12,488,170  

 

5

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

FORTIVE CORPORATION
By:  

/s/ Daniel B. Kim

  Name:   Daniel B. Kim
  Title:   Vice President, Associate General Counsel and Secretary

Date: June 7, 2024

v3.24.1.1.u2
Document and Entity Information
Jun. 04, 2024
Document And Entity Information [Line Items]  
Entity Registrant Name Fortive Corp
Amendment Flag false
Entity Central Index Key 0001659166
Document Type 8-K
Document Period End Date Jun. 04, 2024
Entity Incorporation State Country Code DE
Entity File Number 001-37654
Entity Tax Identification Number 47-5654583
Entity Address, Address Line One 6920 Seaway Blvd
Entity Address, City or Town Everett
Entity Address, State or Province WA
Entity Address, Postal Zip Code 98203
City Area Code (425)
Local Phone Number 446 - 5000
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Common Stock [Member]  
Document And Entity Information [Line Items]  
Security 12b Title Common stock, par value $.01 per share
Trading Symbol FTV
Security Exchange Name NYSE
M 3.700 Notes Due 2026 [Member]  
Document And Entity Information [Line Items]  
Security 12b Title 3.700% Notes due 2026
Trading Symbol FTV26A
Security Exchange Name NYSE
M 3.700 Notes Due 2029 [Member]  
Document And Entity Information [Line Items]  
Security 12b Title 3.700% Notes due 2029
Trading Symbol FTV29
Security Exchange Name NYSE
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