Company: DHR
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000313616-25-000043
Chunk: 73

Company: DANAHER CORP /DE/
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 73
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 as of December 31, 202217.6 131.98 Granted2.8 218.69 Exercised(1.7)83.13 Cancelled/forfeited(0.9)178.71 Adjustment due to Separation(a)(2.1)154.67 Outstanding as of December 31, 202315.7 147.02 Granted1.6 252.97 Exercised(2.7)99.82 Cancelled/forfeited(0.5)234.19 Outstanding as of December 31, 202414.1 164.99 5$973 Vested and expected to vest as of December 31, 2024(b)13.9 $164.15 5$971 Vested as of December 31, 20248.7 $129.51 4$893 (a)    The “Adjustment due to Separation” reflects the cancellation of stock options which were outstanding as of September 30, 2023 and held by Veralto employees which have been terminated and replaced by Veralto with Veralto equity awards as part of the Separation.(b) The “expected to vest” options are the net unvested options that remain after applying the forfeiture rate assumption to total unvested options.The aggregate intrinsic value in the table above represents the total pretax intrinsic value (the difference between the Company’s closing stock price on the last trading day of 2024 and the exercise price, multiplied by the number of in-the-money options) that would have been received by the option holders had all option holders exercised their options on December 31, 2024.  The amount of aggregate intrinsic value will change based on the price of the Company’s common stock. The weighted average per share grant-date fair values of options granted during 2024, 2023 and 2022 were $83.12, $68.92 and $71.35, respectively. 

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Options outstanding as of December 31, 2024 are summarized below (shares in millions): OutstandingExercisableExercise PriceSharesAverage Exercise PriceAverage Remaining Life (in years)SharesAverage Exercise Price$58.08 to $76.472.0 $69.42 22.0 $69.42 $76.48 to $125.353.2 96.46 43