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Crane NXT, Co. — Director's Dealing 2016
May 26, 2016
31213_dirs_2016-05-26_4bd35951-cb26-4760-8d89-e38bc0fd1ae9.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: 2016-05-25
Reporting Person: Switter Edward S (Vice President - Taxes)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-05-25 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 8000.0000 | $43.7200 | Acquired | 21633.0000 | Direct |
| 2016-05-25 | CRANE CO. COMMON, PAR VALUE $1.00 | P | 243.0000 | $0.0000 | Acquired | 21876.0000 | Direct |
| 2016-05-25 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 6780.0000 | $56.8246 | Disposed | 15096.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-05-25 | Employee Stock Option (Right to Buy) | $43.7200 | M | 8000.0000 | Disposed | 2017-01-24 | CRANE CO. COMMON, PAR VALUE $1.00 (8000.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| CRANE CO. COMMON, PAR VALUE $1.00 | 1378.0000 | Indirect |
Footnotes
F1: As of May 25, 2016 the reporting person acquired an aggregate of 243 shares of common stock at prevailing market prices through the issuer's Dividend Reinvestment Plan (DRP).
F2: Concurrent sale of shares resulting from an exercise of options granted on 1/24/2011 and expiring on 1/24/2017.
F3: Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $56.81 to $56.82. 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.
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 (01/24/2011).