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Crane NXT, Co. — Director's Dealing 2016
Aug 16, 2016
31213_dirs_2016-08-16_3538cfab-767f-48e4-b5f7-101570f20c99.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: 2016-08-15
Reporting Person: LOCHNER PHILIP R (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-08-15 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 2000.0000 | $43.9000 | Acquired | 2350.0000 | Direct |
| 2016-08-15 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 2000.0000 | $41.7100 | Acquired | 4350.0000 | Direct |
| 2016-08-15 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 4000.0000 | $64.8950 | Disposed | 350.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-08-15 | Director Stock Option(Right to Buy) | $43.4900 | M | 2000.0000 | Disposed | 2018-04-21 | CRANE CO. COMMON, PAR VALUE $1.00 (2000.0000) | Direct |
| 2016-08-15 | Director Stock Option(Right to Buy) | $41.7100 | M | 2000.0000 | Disposed | 2017-04-23 | CRANE CO. COMMON, PAR VALUE $1.00 (2000.0000) | Direct |
Footnotes
F1: Concurrent sale of shares resulting from exercise of options granted on 4/23/2007 and expiring on 4/23/2017, and exercise of options granted on 4/21/2008 and expiring on 4/21/2018.
F2: Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $64.82 to $65.00. 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: 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 (04/21/2008).
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 (04/23/2007).