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Crane NXT, Co. — Director's Dealing 2019
Feb 7, 2019
31213_dirs_2019-02-07_2ccacab9-f2a9-4108-9412-2d9e3f50e565.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: 2019-02-06
Reporting Person: Lavish James A. (VP, CBS, People & Performance)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-06 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 2663 | $58.47 | Acquired | 23527 | Direct |
| 2019-02-06 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 2663 | $82.8978 | Disposed | 20864 | Direct |
| 2019-02-06 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 5368 | $43.57 | Acquired | 26232 | Direct |
| 2019-02-06 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 5368 | $82.8978 | Disposed | 20864 | Direct |
| 2019-02-06 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 2865 | $73.90 | Acquired | 23729 | Direct |
| 2019-02-06 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 2865 | $82.8978 | Disposed | 20864 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-06 | Employee Stock Option (Right to Buy) | $58.47 | M | 2663 | Disposed | 2025-01-26 | CRANE CO. COMMON, PAR VALUE $1.00 (2663.0) | Direct |
| 2019-02-06 | Employee Stock Option (Right to Buy) | $43.57 | M | 5368 | Disposed | 2026-01-25 | CRANE CO. COMMON, PAR VALUE $1.00 (5368.0) | Direct |
| 2019-02-06 | Employee Stock Option (Right to Buy) | $73.9 | M | 2865 | Disposed | 2027-01-30 | CRANE CO. COMMON, PAR VALUE $1.00 (2865.0) | Direct |
Footnotes
F1: Concurrent sale of shares resulting from an exercise of options granted on 1/26/2015 and expiring on 1/26/2025.
F2: Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $82.7500 to $83.0250. 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: Concurrent sale of shares resulting from an exercise of options granted on 1/25/2016 and expiring on 1/25/2026.
F4: Concurrent sale of shares resulting from an exercise of options granted on 1/30/2017 and expiring on 1/30/2027.
F5: 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 (01/26/2015).
F6: This option vested 25% on the first, 50% on the second and 75% on the third anniversary of the grant date (01/25/2016). The remaining 25% will vest on the fourth anniversary of the grant date.
F7: This option vested 25% on the first and 50% on the second anniversary of the grant date (01/30/2017). The remaining 50% will vest on the third and fourth anniversary of the grant date.