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Crane NXT, Co. — Director's Dealing 2018
Aug 2, 2018
31213_dirs_2018-08-02_8dbb91d4-cab6-4996-89cd-4ae6d9950d8c.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: 2018-08-01
Reporting Person: Maue Richard A (V.P. Finance & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-08-01 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 17471 | $48.59 | Acquired | 55390 | Direct |
| 2018-08-01 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 13150 | $89.0443 | Disposed | 42240 | Direct |
| 2018-08-01 | CRANE CO. COMMON, PAR VALUE $1.00 | J | 38 | — | Acquired | 1600 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-08-01 | Employee Stock Option (Right to Buy) | $48.59 | M | 17471 | Disposed | 2019-01-28 | CRANE CO. COMMON, PAR VALUE $1.00 (17471.0) | Direct |
Footnotes
F1: Mr. Maue exercised 17,471 stock options granted 1/28/2013 and set to expire 1/28/2019, priced at $48.59 and sold 13,150 shares at a weighted average price of $89.0443, resulting in a net increase of 4,321 shares to his holdings.
F2: Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $88.45 to $89.66. 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 1, 2017 and July 31, 2018, Mr. Maue acquired an aggregate of 38 shares of common stock at prevailing market prices through the issuer's 401(K) plan.
F4: 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).