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Crane NXT, Co. — Director's Dealing 2006
Apr 20, 2006
31213_dirs_2006-04-20_bdf35ec2-6588-46f2-bbf2-25bbe7a80d48.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: 2006-04-18
Reporting Person: NOONAN THOMAS MICHAEL (Vice President - Taxes)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2006-04-18 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 12385 | $33.54 | Acquired | 73876 | Direct |
| 2006-04-18 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 10000 | $33.31 | Acquired | 83876 | Direct |
| 2006-04-18 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 10000 | $26.86 | Acquired | 93876 | Direct |
| 2006-04-18 | CRANE CO. COMMON, PAR VALUE $1.00 | J | 184 | — | Acquired | 3147 | Indirect |
| 2006-04-18 | CRANE CO. COMMON, PAR VALUE $1.00 | F | 27788 | $41.45 | Disposed | 66088 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2006-04-18 | Employee Stock Option (Right to Buy) | $26.86 | M | 10000 | Disposed | 2011-01-25 | CRANE CO. COMMON, PAR VALUE $1.00 (10000) | Direct |
| 2006-04-18 | Employee Stock Option (Right to Buy) | $33.31 | M | 10000 | Disposed | 2010-04-26 | CRANE CO. COMMON, PAR VALUE $1.00 (10000) | Direct |
| 2006-04-18 | Employee Stock Option (Right to Buy) | $33.54 | M | 12385 | Disposed | 2008-04-20 | CRANE CO. COMMON, PAR VALUE $1.00 (12385) | Direct |
Footnotes
F1: BETWEEN JANUARY 31, 2006 AND MARCH 31, 2006 THE REPORTING PERSON ACQUIRED AN AGGREGATE OF 184 SHARES OF COMMON STOCK AT PREVAILING MARKET PRICES THROUGH THE ISSUER'S 401(K) PLAN.
F2: IN CONNECTION WITH THE EXERCISE OF 32,385 OPTIONS REPORTED ON THIS FORM 27,788 PREVIOUSLY HELD SHARES WERE DELIVERED IN ORDER TO FUND THE AGGREGATE EXERCISE PRICE ($1,017,092.90) AND THE RESULTANT WITHOLDING TAXES ($134,858.65).
F3: THE OPTION VESTED 50% ON THE FIRST, 75% ON THE SECOND AND 100% ON THE THIRD ANNIVERSARY OF THE GRANT DATE (01/24/2005).
F4: THE OPTION VESTED 50% ON THE FIRST, 75% ON THE SECOND AND 100% ON THE THIRD ANNIVERSARY OF THE GRANT DATE (04/26/2004).
F5: THE OPTION VESTED 50% ON THE FIRST, 75% ON THE SECOND AND 100% ON THE THIRD ANNIVERSARY OF THE GRANT DATE (04/20/1998).