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Crane NXT, Co. — Director's Dealing 2017
Apr 28, 2017
31213_dirs_2017-04-28_1354ba0f-d537-41d5-b30a-75103e7335c5.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: 2017-04-27
Reporting Person: LOCHNER PHILIP R (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-04-27 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 2000 | $47.08 | Acquired | 2350 | Direct |
| 2017-04-27 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 2000 | $80.2116 | Disposed | 350 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-04-27 | Director Stock Option(Right to Buy) | $47.08 | M | 2000 | Disposed | 2021-04-18 | CRANE CO. COMMON, PAR VALUE $1.00 (2000.0) | Direct |
Footnotes
F1: Concurrent sale of shares resulting from an exercise of options granted on 4/18/2011 and expiring on 4/18/2021.
F2: Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $80.19 to $80.24. 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 (04/18/2011).