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Crane NXT, Co. — Director's Dealing 2016
Feb 24, 2016
31213_dirs_2016-02-24_0e5b36ac-5f7a-42bf-920c-1acd9be7c45b.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: 2016-02-23
Reporting Person: BIGELOW E THAYER (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-23 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 2000.0000 | $41.3700 | Acquired | 21791.0000 | Direct |
| 2016-02-23 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 2000.0000 | $18.8700 | Acquired | 23791.0000 | Direct |
| 2016-02-23 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 4000.0000 | $48.5868 | Disposed | 19791.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-23 | Director Stock Option(Right to Buy) | $18.8700 | M | 2000.0000 | Disposed | 2019-04-20 | CRANE CO. COMMON, PAR VALUE $1.00 (2000.0000) | Direct |
| 2016-02-23 | Director Stock Option(Right to Buy) | $41.3700 | M | 2000.0000 | Disposed | 2016-04-24 | CRANE CO. COMMON, PAR VALUE $1.00 (2000.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| CRANE CO. COMMON, PAR VALUE $1.00 | 2116.0000 | Indirect |
| CRANE CO. COMMON, PAR VALUE $1.00 | 5130.0000 | Indirect |
Footnotes
F1: Concurrent sale of shares resulting from exercise of 2,000 options granted on 4/24/06 and expiring on 4/24/16, and 2,000 options granted on 4/20/09 and expiring on 4/20/19.
F2: Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $48.5840 to $48.5870 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 was granted 4/20/09 with a ten-year term, and vested 25% each year over four years.
F4: This option was granted 4/24/06 and vested 50% on the first, 75% on the second and 100% on the third anniversary of the grant date.