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Crane NXT, Co. — Director's Dealing 2019
May 2, 2019
31213_dirs_2019-05-01_29979d1a-b885-4585-a878-2f2ca5014ace.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2019-04-29
Reporting Person: LOCHNER PHILIP R (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-04-29 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 25141 | — | Acquired | 25491 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-04-29 | Deferred Stock Units | $ | A | 421 | Acquired | CRANE CO. COMMON, PAR VALUE $1.00 (421.0) | Direct | |
| 2019-04-29 | Deferred Stock Units | $ | M | 25141 | Acquired | CRANE CO. COMMON, PAR VALUE $1.00 (25141.0) | Direct |
Footnotes
F1: Mr. Lochner retired as of the Annual Meeting of Stockholders on April 29, 2019. 25,141 previously granted Deferred Stock Units converted to shares of Crane Co. Common Stock on that date.
F2: 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.
F3: Additional Deferred Stock Units are granted during the year to coincide with payment of dividends on Crane Co. Stock.
F4: 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 Directors 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.