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Crane NXT, Co. — Director's Dealing 2017
Feb 3, 2017
31213_dirs_2017-02-03_469a82bc-2215-4ab1-8b92-f5907fa6599a.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: 2017-02-02
Reporting Person: TULLIS JAMES L L (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-02 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 2000 | $41.71 | Acquired | 2110 | Direct |
| 2017-02-02 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 2000 | $74.3725 | Disposed | 110 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-02 | Director Stock Option(Right to Buy) | $41.71 | M | 2000 | Disposed | 2017-04-23 | CRANE CO. COMMON, PAR VALUE $1.00 (2000.0) | Direct |
Footnotes
F1: Concurrent sale of shares resulting from an exercise of options granted on 4/23/2007 and expiring on 4/23/2017.
F2: Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $74.37 to $74.3788. 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 (04/23/2007).