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Crane NXT, Co. — Director's Dealing 2017
Apr 26, 2017
31213_dirs_2017-04-26_c7007591-0639-4604-87cc-eb19ac07b140.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: 2017-04-24
Reporting Person: Pollino Jennifer (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-04-24 | Deferred Stock Units | $ | A | 1540 | Acquired | CRANE CO. COMMON, PAR VALUE $1.00 (1540.0) | Direct | |
| 2017-04-24 | Deferred Stock Units | $ | A | 146 | Acquired | CRANE CO. COMMON, PAR VALUE $1.00 (146.0) | Direct |
Footnotes
F1: Each Deferred Stock Unit represents the right to receive one share of Crane Co. common stock upon separation from service on the Board of Directors.
F2: Following separation from service on the Board of Directors, the Director will receive one share of Crane Co. common stock for each Deferred Stock Unit; however, if the Directors service terminates before the first anniversary of the Grant, except for reasons of death, or a change in control of Crane Co., then the right to receive such shares will expire.
F3: Additional Deferred Stock Units are granted during the year to coincide with payment of dividends on Crane Co. Stock.