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Crane NXT, Co. — Director's Dealing 2012
Mar 1, 2012
31213_dirs_2012-03-01_889dab8e-6885-44fb-a013-34c3c076330e.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: 2012-02-28
Reporting Person: KOPCZICK ELISE (V.P. - Human Resources)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-02-28 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 20000.0000 | $36.6400 | Acquired | 73088.0000 | Direct |
| 2012-02-28 | CRANE CO. COMMON, PAR VALUE $1.00 | F | 17201.0000 | $48.5500 | Disposed | 55887.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-02-28 | Employee Stock Option (Right to Buy) | $36.6400 | M | 20000.0000 | Disposed | 2013-01-29 | CRANE CO. COMMON, PAR VALUE $1.00 (20000.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| CRANE CO. COMMON, PAR VALUE $1.00 | 11938.0000 | Indirect |
| CRANE CO. COMMON, PAR VALUE $1.00 | 6475.0000 | Indirect |
Footnotes
F1: Ms. Kopczick exercised 20,000 stock options priced at $36.64, at a market price of $48.55. The resulting after-tax gain was taken in the form of 2,799 shares of Crane Co. Stock, resulting in a net increase in Ms. Kopczick's direct holdings by that amount, to 55,887 shares. Ms. Kopczick tendered 15,094 shares of previously owned stock to pay the exercise price of the options, and 2,107 shares were withheld to pay taxes on the resulting gain.
F2: This option vested 25% on the first, 50% on the second, 75% on the third and 100% on the fourth anniversary of the grant date (01/29/2007).