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Crane NXT, Co. — Director's Dealing 2020
Feb 5, 2020
31213_dirs_2020-02-05_9ad38022-cb74-4958-9e79-ac6aa128a7fa.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: 2020-02-04
Reporting Person: Lavish James A. (VP, CBS, People & Performance)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-04 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 5368 | $43.57 | Acquired | 23408 | Direct |
| 2020-02-04 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 5368 | $88.5179 | Disposed | 18040 | Direct |
| 2020-02-04 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 1130 | $88.5503 | Disposed | 16910 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-04 | Employee Stock Option (Right to Buy) | $43.57 | M | 5368 | Disposed | 2026-01-25 | CRANE CO. COMMON, PAR VALUE $1.00 (5368.0) | Direct |
Footnotes
F1: Concurrent sale of shares resulting from an exercise of options granted on 1/25/2016 and expiring on 1/25/2026.
F2: Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $88.5114 to $88.55. 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: 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 (01/25/2016).