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Crane NXT, Co. — Director's Dealing 2017
May 18, 2017
31213_dirs_2017-05-18_3b35b1ff-a84a-4097-97a5-e070d3b03cc5.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: 2017-05-16
Reporting Person: Baron Curtis A JR (Vice President, Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-16 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 7000 | $50.03 | Acquired | 18044 | Direct |
| 2017-05-16 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 5364 | $79.5952 | Disposed | 12680 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-16 | 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: Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $79.56 to $79.60. 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 (01/23/2012).