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Crane NXT, Co. — Director's Dealing 2005
Jan 25, 2005
31213_dirs_2005-01-25_72cb7dac-075d-4583-bfd2-c919bee27537.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2005-01-22
Reporting Person: NOONAN THOMAS MICHAEL (Vice President - Taxes)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2005-01-22 | CRANE CO. COMMON, PAR VALUE $1.00 | F | 393 | $26.64 | Disposed | 44171 | Direct |
| 2005-01-24 | CRANE CO. COMMON, PAR VALUE $1.00 | A | 12000 | $26.86 | Acquired | 56171 | Direct |
| 2005-01-24 | CRANE CO. COMMON, PAR VALUE $1.00 | F | 1573 | $26.36 | Disposed | 54598 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2005-01-24 | Employee Stock Option (Right to Buy) | $26.86 | A | 20000 | Acquired | 2011-01-25 | CRANE CO. COMMON, PAR VALUE $1.00 (20000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| CRANE CO. COMMON, PAR VALUE $1.00 | 2673.5619 | Indirect |
Footnotes
F1: ON JANUARY 22, 2005, 1,250 SHARES OF RESTRICTED STOCK PREVIOUSLY REPORTED AS BENEFICIALLY OWNED BY THE REPORTING PERSON VESTED DUE TO THE PASSAGE OF TIME, AND 393 SHARES WERE SURRENDERED TO PAY TAXES ON SUCH VESTED SHARES.
F2: ON JANUARY 24, 2005, 5,000 SHARES OF RESTRICTED STOCK PREVIOUSLY REPORTED AS BENEFICIALLY OWNED BY THE REPORTING PERSON VESTED DUE TO THE PASSAGE OF TIME, AND 1,573 SHARES WERE SURRENDERED TO PAY TAXES ON SUCH VESTED SHARES.
F3: BETWEEN OCTOBER 31, 2004 AND DECEMBER 31, 2004 THE REPORTING PERSON ACQUIRED AN AGGREGATE OF 9.5619 SHARES OF COMMON STOCK AT PREVAILING MARKET PRICES THROUGH THE ISSUER'S 401(K) PLAN.
F4: THE OPTION VESTS 50% ON THE FIRST, 25% ON THE SECOND, AND 25% ON THE THIRD ANNIVERSARY OF THE GRANT DATE.