AI assistant
Crane NXT, Co. — Director's Dealing 2018
Apr 25, 2018
31213_dirs_2018-04-25_93897a07-bd29-48c8-b6e0-5b3ba3b54756.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2018-04-23
Reporting Person: Lindsay Ronald Carter (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-04-23 | Deferred Stock Units | $ | A | 1258 | Acquired | CRANE CO. COMMON, PAR VALUE $1.00 (1258.0) | Direct | |
| 2018-04-23 | Deferred Stock Units | $ | A | 197 | Acquired | CRANE CO. COMMON, PAR VALUE $1.00 (197.0) | Direct |
Footnotes
F1: Each Deferred Stock Unit represents the right to receive one share of Crane Co. common stock upon separation from service on the Board of Directors.
F2: Following separation from service on the Board of Directors, the Director will receive one share of Crane Co. common stock for each Deferred Stock Unit; however, if the Director's service terminates before the first anniversary of the Grant, except for reasons of death, or a change in control of Crane Co., then the right to receive such shares will expire.
F3: Additional Deferred Stock Units are granted during the year to coincide with payment of dividends on Crane Co. Stock.