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Crane NXT, Co. — Director's Dealing 2019
Apr 30, 2019
31213_dirs_2019-04-30_eb347310-2b4e-4272-8102-bc53437afe8b.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: 2019-04-29
Reporting Person: MCCLURE CHARLES G (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-04-29 | CRANE CO. COMMON, PAR VALUE $1.00 | A | 142 | — | Acquired | 295 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-04-29 | Deferred Stock Units | $ | A | 1938 | Acquired | CRANE CO. COMMON, PAR VALUE $1.00 (1938.0) | Direct | |
| 2019-04-29 | Deferred Stock Units | $ | A | 48 | Acquired | CRANE CO. COMMON, PAR VALUE $1.00 (48.0) | Direct |
Footnotes
F1: The shares were granted as part of the reporting person's election to receive a portion of his annual cash retainer for board services in shares of Crane Co. common stock. The shares are fully vested upon grant.
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: 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.
F4: Additional Deferred Stock Units are granted during the year to coincide with payment of dividends on Crane Co. Stock.