 EVERETT, Wash.--BUSINESS WIRE--Fortive Corporation Fortive NYSE: FTV announced today that its 5.00 Mandatory Convertible Preferred Stock, Series A the Preferred Stock, will automatically convert into shares of the Companys common stock on July 1, 2021 the Conversion Date. The conversion rate for each share of Preferred Stock will be 14.0978 shares of the Companys common stock. Cash will be paid in lieu of fractional shares of common stock. As previously announced, on July 1, 