8-K

Fortive Corp (FTV)

8-K 2023-06-09 For: 2023-06-06
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Added on April 08, 2026

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 6, 2023

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<br>of Incorporation) (Commission<br>file Number) (I.R.S. Employer<br>Identification No.)
6920 Seaway Blvd<br> <br>Everett, WA 98203<br> <br>(Address of principal executive offices)
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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)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities Registered Pursuant to Section 12(b) of the Act:

Title of Each Class Trading<br>Symbols Name of Each Exchange<br>on Which Registered
Common stock, par value $.01 per share FTV 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 2023 Annual Meeting of Shareholders of Fortive Corporation (the “Company”) held on June 6, 2023, the Company’s shareholders voted on the following five proposals:

Proposal 1: To elect the nine director nominees named in the Company’s Proxy Statement filed with the U.S. Securities and Exchange Commission on April 24, 2023, each for a one-year term expiring at the 2024 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-<br> <br>Votes
Eric Branderiz 316,949,529 525,495 171,473 10,540,776
Daniel L. Comas 312,898,790 4,578,359 169,348 10,540,776
Sharmistha Dubey 310,566,994 6,906,777 172,726 10,540,776
Rejji P. Hayes 316,727,067 744,813 174,617 10,540,776
Wright L. Lassiter III 313,026,937 4,448,779 170,781 10,540,776
James A. Lico 316,770,791 700,558 175,148 10,540,776
Kate D. Mitchell 303,822,291 13,656,968 167,238 10,540,776
Jeannine Sargent 315,051,985 2,419,993 174,519 10,540,776
Alan G. Spoon 286,499,440 30,536,120 610,937 10,540,776

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 227,318,216
Against 89,673,418
Abstain 654,863
Broker Non-Votes 10,540,776

Proposal 3: To hold an advisory vote relating to the frequency of future shareholder advisory votes on the Company’s named executive officer compensation. The option of every “One Year” received the highest number of votes by the shareholders as follows:

One Year 314,465,789
Two Years 83,420
Three Years 2,946,983
Abstain 150,305
Broker Non-Votes 10,540,776

Based on the voting results set forth above with respect to Proposal 3 and consistent with the Board’s prior recommendation, the Board of Directors has adopted a policy to hold an annual advisory vote on named executive officer compensation until the next required vote on the frequency of future shareholder advisory votes on the Company’s named executive officer compensation.

Proposal 4: To ratify the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023. The proposal was approved by a vote of the shareholders as follows:

For 317,262,372
Against 10,718,172
Abstain 206,729

Proposal 5: To consider and act upon a shareholder proposal seeking shareholder ratification of termination pay. The proposal was rejected by a vote of the shareholders as follows:

For 22,436,436
Against 294,052,563
Abstain 1,157,498
Broker Non-Votes 10,540,776

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 9, 2023