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Crane NXT, Co. — Director's Dealing 2017
Feb 7, 2017
31213_dirs_2017-02-07_fc604cf1-d2b8-4caf-a99a-26fa0e6f5db6.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: 2017-02-03
Reporting Person: Pinkham Louis V. (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-03 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 5000 | $41.42 | Acquired | 24611 | Direct |
| 2017-02-03 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 4368 | $48.59 | Acquired | 28979 | Direct |
| 2017-02-03 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 13156 | $64.78 | Acquired | 42135 | Direct |
| 2017-02-03 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 12424 | $58.47 | Acquired | 54559 | Direct |
| 2017-02-03 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 34948 | $75.077 | Disposed | 19611 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-03 | Employee Stock Option (Right to Buy) | $41.42 | M | 5000 | Disposed | 2018-10-22 | CRANE CO. COMMON, PAR VALUE $1.00 (5000.0) | Direct |
| 2017-02-03 | Employee Stock Option (Right to Buy) | $48.59 | M | 4368 | Disposed | 2019-01-28 | CRANE CO. COMMON, PAR VALUE $1.00 (4368.0) | Direct |
| 2017-02-03 | Employee Stock Option (Right to Buy) | $64.78 | M | 13156 | Disposed | 2024-01-27 | CRANE CO. COMMON, PAR VALUE $1.00 (13156.0) | Direct |
| 2017-02-03 | Employee Stock Option (Right to Buy) | $58.47 | M | 12424 | Disposed | 2025-01-26 | CRANE CO. COMMON, PAR VALUE $1.00 (12424.0) | Direct |
Footnotes
F1: Concurrent sale of shares resulting from exercises of options granted on 10/22/2012 and expiring on 10/22/2018; options granted on 01/28/2013 and expiring on 01/28/2019; options granted on 01/27/2014 and expiring on 1/27/2024; and options granted on 01/26/2015 and expiring on 1/26/2025.
F2: 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 (10/22/2012).
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 (01/28/2013).
F4: This option vested 25% on the first, 50% on the second 75% on the third anniversary of the grant date (01/26/2015). The remaining 25% will vest on the fourth anniversary of the grant date.
F5: This option vested 25% on the first and 50% on the second anniversary of the grant date (01/26/2015). The remaining 50% will vest on the third and fourth anniversary of the grant date.