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Crane NXT, Co. — Director's Dealing 2018
Aug 1, 2018
31213_dirs_2018-07-31_a0236587-276a-44fe-8c39-c8eabcc9aa7c.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: D'Iorio Anthony M. (V.P., Gen. Couns. & Sec.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-07-30 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 1993 | $48.59 | Acquired | 7230 | Direct |
| 2018-07-30 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 1405 | $89.0699 | Disposed | 5825 | Direct |
| 2018-07-30 | CRANE CO. COMMON, PAR VALUE $1.00 | J | 77 | — | Acquired | 384 | 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 | 1993 | Disposed | 2019-01-29 | CRANE CO. COMMON, PAR VALUE $1.00 (1993.0) | Direct |
Footnotes
F1: Mr. D'Iorio exercised 1,993 stock options granted 1/28/2013 and set to expire 1/28/2019 priced at $48.59 and sold 1,405 at a weighted average price of $89.0699.
F2: Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $89.03 to $89.1064. 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 February 1, 2018 and July 30, 2018 Mr. D'Iorio acquired an aggregate of 77 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).