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Crane NXT, Co. — Director's Dealing 2017
Sep 1, 2017
31213_dirs_2017-09-01_92571760-333c-4e2e-ac3b-99a995fab53b.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: 2017-08-31
Reporting Person: Switter Edward S (V.P. Treasury & Tax)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-08-31 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 7000 | $50.03 | Acquired | 23873 | Direct |
| 2017-08-31 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 7000 | $74.03 | Disposed | 16873 | Direct |
| 2017-08-31 | CRANE CO. COMMON, PAR VALUE $1.00 | J | 12 | — | Acquired | 1421 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-08-31 | Employee Stock Option (Right to Buy) | $50.03 | M | 7000 | Disposed | 2018-01-23 | CRANE CO. COMMON, PAR VALUE $1.00 (7000.0) | Direct |
Footnotes
F1: Concurrent sale of shares resulting from an exercise of options granted on 1/23/2012 and expiring on 1/23/2018.
F2: Between January 1, 2017 and August 31, 2017, Mr. Switter acquired an aggregate of 12 shares of common stock at prevailing market prices through the issuer's 401(K) plan.
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 (01/23/2012).
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