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Crane NXT, Co. Director's Dealing 2014

Feb 14, 2014

31213_dirs_2014-02-14_d217d6b4-988b-45a6-b6f2-7b17ef2cffc7.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: 2014-02-12

Reporting Person: Craney Thomas J (Group Pres., Eng. Materials)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-02-12 CRANE CO. COMMON, PAR VALUE $1.00 M 9000.0000 $50.0300 Acquired 28267.0000 Direct
2014-02-12 CRANE CO. COMMON, PAR VALUE $1.00 M 5000.0000 $43.7200 Acquired 33267.0000 Direct
2014-02-12 CRANE CO. COMMON, PAR VALUE $1.00 M 5000.0000 $31.9400 Acquired 38267.0000 Direct
2014-02-12 CRANE CO. COMMON, PAR VALUE $1.00 M 3208.0000 $48.5900 Acquired 41475.0000 Direct
2014-02-12 CRANE CO. COMMON, PAR VALUE $1.00 S 3208.0000 $64.6200 Disposed 38267.0000 Direct
2014-02-12 CRANE CO. COMMON, PAR VALUE $1.00 S 4205.0000 $64.5800 Disposed 34062.0000 Direct
2014-02-12 CRANE CO. COMMON, PAR VALUE $1.00 S 5000.0000 $65.3900 Disposed 29062.0000 Direct
2014-02-12 CRANE CO. COMMON, PAR VALUE $1.00 S 5000.0000 $64.7300 Disposed 24062.0000 Direct
2014-02-12 CRANE CO. COMMON, PAR VALUE $1.00 S 9000.0000 $65.2300 Disposed 15062.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-02-12 Employee Stock Option (Right to Buy) $50.0300 M 9000.0000 Disposed 2018-01-23 CRANE CO. COMMON, PAR VALUE $1.00 (9000.0000) Direct
2014-02-12 Employee Stock Option (Right to Buy) $43.7200 M 5000.0000 Disposed 2017-01-24 CRANE CO. COMMON, PAR VALUE $1.00 (5000.0000) Direct
2014-02-12 Employee Stock Option (Right to Buy) $31.9400 M 5000.0000 Disposed 2016-01-25 CRANE CO. COMMON, PAR VALUE $1.00 (5000.0000) Direct
2014-02-12 Employee Stock Option (Right to Buy) $48.5900 M 3208.0000 Disposed 2019-01-28 CRANE CO. COMMON, PAR VALUE $1.00 (3208.0000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
CRANE CO. COMMON, PAR VALUE $1.00 1044.0000 Indirect

Footnotes

F1: Concurrent sale of shares resulting from an exercise of options granted on 1/28/13 and expiring on 1/28/19.

F2: Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $64.38 to $64.98. The reporting person undertakes to provide, upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F3: Concurrent sale of shares resulting from an exercise of options granted on 1/24/11 and expiring on 1/24/17.

F4: Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $65.00 to $65.59. The reporting person undertakes to provide, upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F5: Concurrent sale of shares resulting from an exercise of options granted on 1/25/10 and expiring on 1/25/16.

F6: Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $64.38 to $65.14. The reporting person undertakes to provide, upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F7: Concurrent sale of shares resulting from an exercise of options granted on 1/23/12 and expiring on 1/23/18.

F8: Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $64.50 to $65.59. The reporting person undertakes to provide, upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F9: This option vested 50% on the first and second anniversary of the grant date (1/23/2012). The remaining 50% will vest on the third and fourth anniversary of the grant date.

F10: This option vested 75% on the first, second, and third anniversary of the grant date (01/24/2011). The remaining 25% will vest on the fourth anniversary of the grant date.

F11: The remaining 25% vested on the fourth anniversary of the grant date (01/25/2010).

F12: This option vested 25% on the first anniversary of the grant date (01/28/2013). The remaining 75% will vest on the second, third and fourth anniversary of the grant date.