1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Employee stock option (right to buy)
|
Â
(1)
|
12/05/2010 |
Common Stock
|
12,400
|
$
34.1563
|
D
|
Â
|
Employee stock option (right to buy)
|
Â
(2)
|
09/21/2011 |
Common Stock
|
8,000
|
$
22.925
|
D
|
Â
|
Employee stock option (right to buy)
|
Â
(3)
|
07/16/2012 |
Common Stock
|
20,000
|
$
30.46
|
D
|
Â
|
Employee stock option (right to buy)
|
Â
(4)
|
12/03/2012 |
Common Stock
|
100,000
|
$
30.635
|
D
|
Â
|
Employee stock option (right to buy)
|
Â
(5)
|
03/02/2014 |
Common Stock
|
200,000
|
$
45.255
|
D
|
Â
|
Performance based restricted stock units
|
Â
(6)
|
05/04/2014 |
Common Stock
|
40,000
|
$
(7)
|
D
|
Â
|
Executive Deferred Income Plan -- Danaher Stock Fund
(8)
|
Â
(9)
|
Â
(9)
|
Common Stock
|
7,260.53
(8)
|
$
0
(10)
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Twenty percent of the shares granted become exercisable on each of the first five anniversaries of the grant date, which was December 5, 2000 |
(2) |
Twenty percent of the shares granted become exercisable on each of the first five anniversaries of the grant date, which was September 21, 2001 |
(3) |
Twenty percent of the shares granted become exercisable on each of the first five anniversaries of the grant date, which was July 16, 2002 |
(4) |
Fifty percent of the options granted become exercisable on the fourth anniversary of the grant date, which was December 3, 2005, and fifty percent of the options granted become exercisable upon the fifth anniversary of the grant date. |
(5) |
33.3% of the options granted become exercisable upon each of the third, fourth and fifth anniversaries of the grant date, which was March 2, 2004. |
(6) |
On May 4, 2004, the Compensation Committee of the Company's Board of Directors awarded the reporting person 40,000 performance based restricted stock units. These restricted stock units vest (1) 33.3% upon each of the third, fourth and fifth anniversaries of the grant date, and (2) upon the satisfaction of specified performance criteria. The Compensation Committee of the Board of Directors determined in May 2005 that the performance criteria of the award had been achieved. |
(7) |
Each performance based restricted stock unit represents a right to receive one share of Company Common Stock. |
(8) |
Compensation deferred or contributed into the Danaher stock fund (the "EDIP Stock Fund") included in Danaher's Executive Deferred Income Plan (the "EDIP") is deemed to be invested in a number of unfunded, notional shares of Danaher common stock based on the closing price of Danaher common stock as reported on the NYSE on the date such compensation is credited to the EDIP Stock Fund. |
(9) |
The reporting person immediately vests in 100% of each voluntary contribution to the EDIP Stock Fund. The reporting person will vest in all company contributions to the EDIP Stock Fund as follows: 100% upon the earlier of the reporting person's death, or upon retirement following at least 5 years of service with Danaher and reaching the age of 55, or, if earlier, one-tenth per vesting year of participation following five vesting years of participation, in each case in accordance with the plan. Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in Danaher common stock. |
(10) |
The notional shares convert on a one-for-one basis. |