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Crane NXT, Co. — Director's Dealing 2021
Aug 12, 2021
31213_dirs_2021-08-12_e10dcba5-5e23-4237-ba2c-20851cf70d2f.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: 2021-08-10
Reporting Person: Gallo Kurt F. (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-10 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 2092 | $43.57 | Acquired | 2092 | Direct |
| 2021-08-10 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 2454 | $58.47 | Acquired | 4546 | Direct |
| 2021-08-10 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 4546 | $99.29 | Disposed | 0 | Direct |
| 2021-08-11 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 2500 | $58.47 | Acquired | 2500 | Direct |
| 2021-08-11 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 2500 | $102.58 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-10 | Employee Stock Option (Right to Buy) | $43.57 | M | 2092 | Disposed | 2026-01-25 | CRANE CO. COMMON, PAR VALUE $1.00 (2092.0) | Direct |
| 2021-08-10 | Employee Stock Option (Right to Buy) | $58.47 | M | 2454 | Disposed | 2025-01-26 | CRANE CO. COMMON, PAR VALUE $1.00 (2454.0) | Direct |
| 2021-08-11 | Employee Stock Option (Right to Buy) | $58.47 | M | 2500 | Disposed | 2025-01-26 | CRANE CO. COMMON, PAR VALUE $1.00 (2500.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| CRANE CO. COMMON, PAR VALUE $1.00 | 26809 | Indirect |
| CRANE CO. COMMON, PAR VALUE $1.00 | 1394 | Indirect |
Footnotes
F1: Mr. Gallo exercised 2,092 stock options granted 01/25/2016 and set to expire 1/25/2026 priced at $43.57 and sold at a weighted average price of $99.29.
F2: Mr. Gallo exercised 2,454 stock options granted 01/26/2015 and set to expire 1/26/2025 priced at $58.47 and sold at a weighted average price of $99.29.
F3: Weighted average price at which shares were sold at prices ranging from $99.00 to $99.52. 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.
F4: Mr. Gallo exercised 2,500 stock options granted 1/26/2015 and set to expire 1/26/2025 priced at $58.47 and sold at a weighted average price of $102.58.
F5: Weighted average price at which shares were sold at prices ranging from $102.54 to $102.68. 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.
F6: The options were granted 1/25/2016 with a ten-year term and vested 25% each year over four years.
F7: The options were granted 1/26/2015 with a ten-year term and vested 25% each year over four years.