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Crane NXT, Co. — Director's Dealing 2015
Dec 10, 2015
31213_dirs_2015-12-09_02b94f69-32f9-404e-9491-b22c4a304eff.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: 2015-12-07
Reporting Person: SCANNELL PETER O (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-12-07 | Deferred Stock Units | $ | A | 1401.0000 | Acquired | CRANE CO. COMMON, PAR VALUE $1.00 (1401.0000) | Direct |
Footnotes
F1: Each Deferred Stock Unit represents the right to receive one share of Crane Co. common stock upon separation from service on the Board of Directors.
F2: Following separation from service on the Board of Directors, the Director will receive one share of Crane Co. common stock for each Deferred Stock Unit; however, if the Director's service terminates before the Company's next Annual Meeting, except for reasons of death, or a change in control of Crane Co., then the right to receive such shares will expire.
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