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Crane NXT, Co. — Director's Dealing 2013
Jan 7, 2013
31213_dirs_2013-01-07_15b42b68-213f-4b7d-bca6-6694dca57bfd.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2012-12-28
Reporting Person: TULLIS JAMES L L (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-12-28 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 2000.0000 | $26.6100 | Acquired | 6068.0000 | Direct |
| 2012-12-28 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 2000.0000 | $18.2400 | Acquired | 8068.0000 | Direct |
| 2012-12-28 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 1500.0000 | $18.8700 | Acquired | 9568.0000 | Direct |
| 2012-12-28 | CRANE CO. COMMON, PAR VALUE $1.00 | F | 623.0000 | $45.4700 | Disposed | 8945.0000 | Direct |
| 2012-12-28 | CRANE CO. COMMON, PAR VALUE $1.00 | F | 803.0000 | $45.4700 | Disposed | 8142.0000 | Direct |
| 2012-12-28 | CRANE CO. COMMON, PAR VALUE $1.00 | F | 1171.0000 | $45.4700 | Disposed | 6971.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-12-28 | Director Stock Option(Right to Buy) | $18.8700 | M | 1500.0000 | Disposed | 2019-04-20 | CRANE CO. COMMON, PAR VALUE $1.00 (1500.0000) | Direct |
| 2012-12-28 | Director Stock Option(Right to Buy) | $26.6100 | M | 2000.0000 | Disposed | 2015-04-25 | CRANE CO. COMMON, PAR VALUE $1.00 (2000.0000) | Direct |
Footnotes
F1: Mr. Tullis exercised 2,000 stock options priced at $26.61, at a market price of $45.47. Such options were granted on 4/25/05 with an expiration date of 4/25/15. Mr. Tullis tendered 1,171 shares of previously owned stock to pay the exercise price of the options. The resulting gain was taken in the form of 829 shares of Crane Co. stock, resulting in a net increase in Mr. Tullis's direct holdings by that amount.
F2: Mr. Tullis exercised 2,000 stock options priced at $18.24, at a market price of $45.47. Such options were granted on 4/28/03 with an expiration date of 4/28/13. Mr. Tullis tendered 803 shares of previously owned stock to pay the exercise price of the options. The resulting gain was taken in the form of 1,197 shares of Crane Co. stock, resulting in a net increase in Mr. Tullis's direct holdings by that amount.
F3: Mr. Tullis exercised 1,500 stock options priced at $18.87, at a market price of $45.47. Such options were granted on 4/20/09 with an expiration date of 4/20/19. Mr. Tullis tendered 623 shares of previously owned stock to pay the exercise price of the options. The resulting gain was taken in the form of 877 shares of Crane Co. stock, resulting in a net increase in Mr. Tullis's direct holdings by that amount.
F4: 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 (04/20/2009).
F5: This option vested 50% on the first, 75% on the second and 100% on the third anniversary of the grant date (04/25/05).