3 unchanged sentences
The repurchase program may be suspended or discontinued at any time by the Board of Directors.
−Removed: During the quarter ended April 1, 2022, the Company purchased 1,000,000 shares of its common stock at an average price of $63.74 per share, with 19 million shares remaining authorized under the share repurchase program at the end of the quarter ended April 1, 2022.
−Removed: In addition, in connection with the vesting of Restricted Stock Awards ("RSAs") of the Company granted to certain employees and in accordance with the terms of the Company's 2016 Stock Incentive Plan, the Company withheld 14,033 shares of its common stock under the RSAs based on the closing price of $62.56 per share to offset tax withholding that arose upon vesting of such RSAs.
−Removed: There were no RSAs that remained outstanding at the end of the quarter ended April 1, 2022.
−Removed: The following table provides details about our share repurchases during the fiscal quarter ended April 1, 2022.
+Added: During the year-to-date period ended July 1, 2022, the Company purchased 4,000,000 shares of its common stock at an average share price of $60.71,
+Added: including 3,000,000 shares at an average share price of $59.71 during the second quarter of 2022, leaving 16 million shares authorized for repurchase under the share repurchase program as of July 1, 2022.
+Added: The following table provides details about our share repurchases during the fiscal quarter ended July 1, 2022.
Period Total number
12 unchanged sentences
plans or programs
−Removed: Jan 1 - Jan 31 — $ — N/A N/A
−Removed: Feb 1 - Feb 28 1,014,033 63.62 1,000,000 19,000,000
−Removed: Mar 1 - Apr 1 — — N/A N/A
+Added: Apr 2 - April 30 — $ — N/A N/A
+Added: May 1 - May 31 3,000,000 59.71 3,000,000 16,000,000
+Added: June 1- July 1 — — N/A N/A
Total 3,000,000 $ 59.71 3,000,000 16,000,000
−Removed: (1) The total number of shares of common stock purchased during the quarter ended April 1, 2022 includes (i) 1,000,000 shares purchased at an average price of $63.74 per share in February 2022 and (iii) 14,033 shares of common stock under the RSAs based on the closing price of $62.56 per share in February 2022 to offset tax withholding obligations that arose upon vesting of the RSAs.
−Removed: Number Description
−Removed: 3.1 Restated Certificate of Incorporation of Fortive Corporation (incorporated by reference to Exhibit 3.1 to Fortive Corporation’s Quarterly Report on Form 10-Q for the quarter ended July 2, 2021, File No 1-37654).
−Removed: 3.2 Amended and Restated Bylaws of Fortive Corporation (incorporated by reference to Exhibit 3.2 to Fortive Corporation’s Report on Form 10 -K f or the fisca l year ended December 3 1, 2021, File No 1-37654).
−Removed: 10.1 Form of Fortive Corporation Performance Stock Unit Agreement*
−Removed: 31.1 Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
−Removed: 31.2 Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
−Removed: 32.1 Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: 32.2 Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: 101.INS XBRL Instance Document (1) - the instance document does not appear in the Interactive Data File because XBRL tags are embedded within the Inline XBRL document.
−Removed: 101.SCH Inline XBRL Taxonomy Extension Schema Document (1)
−Removed: 101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document (1)
−Removed: 101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document (1)
−Removed: 101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document (1)
−Removed: 101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document (1)
−Removed: 104 The cover page from this Quarterly Report on Form 10-Q for the quarter ended April 1, 2022, formatted in Inline XBRL and contained in Exhibit 101
−Removed: *Indicates management contract or compensatory plan, contract or arrangement
−Removed: (1) Exhibit 101 to this report includes the following documents formatted in Inline XBRL (Extensible Business Reporting Language):
−Removed: (i) Consolidated Condensed Balance Sheets as of April 1, 2022 and December 31, 2021, (ii) Consolidated Condensed Statements of Earnings for the three month periods ended April 1, 2022 and April 2, 2021, (iii) Consolidated Condensed Statements of Comprehensive Income for the three month periods ended April 1, 2022 and April 2, 2021, (iv) Consolidated Condensed Statement of Changes in Equity for the three month periods ended April 1, 2022 and April 2, 2021, (v) Consolidated Condensed Statements of Cash Flows for the three month periods ended April 1, 2022 and April 2, 2021, and (vi) Notes to Consolidated Condensed Financial Statements.
−Removed: 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, thereunto duly authorized.
−Removed: FORTIVE CORPORATION:
−Removed: April 28, 2022 By:
−Removed: /s/ Charles E.
−Removed: Senior Vice President and Chief Financial Officer
−Removed: April 28, 2022 By:
−Removed: /s/ Christopher M.
−Removed: Christopher M.
−Removed: Chief Accounting Officer
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.