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Crane NXT, Co. Director's Dealing 2018

Aug 8, 2018

31213_dirs_2018-08-08_633b1f0b-1be2-4863-8d2b-654d37e6bd5e.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: 2018-08-06

Reporting Person: Curran Brendan (Group President, Aerospace)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-08-06 CRANE CO. COMMON, PAR VALUE $1.00 M 3000 $43.57 Acquired 14346 Direct
2018-08-06 CRANE CO. COMMON, PAR VALUE $1.00 S 3000 $89.7791 Disposed 11346 Direct
2018-08-06 CRANE CO. COMMON, PAR VALUE $1.00 J 7 Acquired 347 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-08-06 Employee Stock Option (Right to Buy) $43.57 M 3000 Disposed 2026-01-25 CRANE CO. COMMON, PAR VALUE $1.00 (3000.0) Direct

Footnotes

F1: Mr. Curran exercised options granted to him on 1/25/2016, resulting in him acquiring 3,000 shares of common stock which he sold contemporaneously in multiple same-day transactions. After this sale, Mr. Curran will have holdings of 11,693 shares of the issuer's common stock.

F2: Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $89.59 to $90.06. 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: Between January 31, 2017 and July 31, 2018, Mr. Curran acquired an aggregate of 7 shares of common stock at prevailing market prices through the issuer's 401(K) plan.

F4: This option vested 50% on the second anniversary of the grant date (1/25/2016). The remaining 50% will vest on the third and fourth anniversary of the grant date.