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Crane NXT, Co. — Director's Dealing 2018
Aug 1, 2018
31213_dirs_2018-07-31_f7238621-8799-43f2-a6e9-92c59ff34adc.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: 2018-07-30
Reporting Person: MITCHELL MAX H (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-07-30 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 40765 | $48.59 | Acquired | 200654 | Direct |
| 2018-07-30 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 40765 | $89.1806 | Disposed | 159889 | Direct |
| 2018-07-30 | CRANE CO. COMMON, PAR VALUE $1.00 | J | 41 | — | Acquired | 2669 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-07-30 | Employee Stock Option (Right to Buy) | $48.59 | M | 40765 | Disposed | 2019-01-28 | CRANE CO. COMMON, PAR VALUE $1.00 (40765.0) | Direct |
Footnotes
F1: Mr. Mitchell exercised 40,765 stock options granted 1/28/2013 and set to expire 1/28/2019 priced at $48.59 and sold at a weighted average price of $89.1806.
F2: Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $88.18 to $91.15. 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 August 1, 2017 and July 31, 2018, Mr. Mitchell acquired an aggregate of 41 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).