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Crane NXT, Co. — Director's Dealing 2013
May 10, 2013
31213_dirs_2013-05-10_5afed743-70d2-4818-b1df-46a04602668b.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: 2013-05-09
Reporting Person: Maue Richard A (V.P. Finance & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-05-09 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 10000.0000 | $46.4800 | Acquired | 15892.0000 | Direct |
| 2013-05-09 | CRANE CO. COMMON, PAR VALUE $1.00 | J | 25.0000 | — | Acquired | 15917.0000 | Direct |
| 2013-05-09 | CRANE CO. COMMON, PAR VALUE $1.00 | F | 8692.0000 | $57.9400 | Disposed | 7225.0000 | Direct |
| 2013-05-09 | CRANE CO. COMMON, PAR VALUE $1.00 | J | 152.0000 | $0.0000 | Acquired | 1218.0000 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-05-09 | Employee Stock Option (Right to Buy) | $46.4800 | M | 10000.0000 | Disposed | 2013-09-24 | CRANE CO. COMMON, PAR VALUE $1.00 (10000.0000) | Direct |
Footnotes
F1: Mr. Maue exercised 10,000 stock options priced at $46.48, at a market price of $57.94. The resulting after-tax gain was taken in the form of 1,308 shares of Crane Co. Stock, resulting in a net increase in Mr. Maue's direct holdings by that amount. Mr. Maue tendered 8,023 shares of previously owned stock to pay the exercise price of the options, and 669 shares were withheld to pay taxes on the resulting gain.
F2: Represents shares of common stock acquired at prevailing market prices through the issuer's Dividend Reinvestment Plan.
F3: Between January 1, 2013 and March 31, 2013, the reporting person acquired an aggregate of 152 shares of Common Stock at prevailing market prices through the issuer's 401(K) Plan.
F4: This option was granted 9/24/07 with a six-year term, and vested 25% each year over four years.