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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).