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Crane NXT, Co. — Director's Dealing 2021
May 12, 2021
31213_dirs_2021-05-11_d193c745-45f1-47c8-bd7b-e6b3c5e4b2f8.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: 2021-05-07
Reporting Person: Gallo Kurt F. (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-07 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 5000 | $43.57 | Acquired | 5000 | Direct |
| 2021-05-07 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 4950 | $99.09 | Disposed | 50 | Direct |
| 2021-05-07 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 50 | $99.67 | Disposed | 0 | Direct |
| 2021-05-10 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 5000 | $43.57 | Acquired | 5000 | Direct |
| 2021-05-10 | CRANE CO. COMMON, PAR VALUE $1.00 | S | 5000 | $99.75 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-07 | Employee Stock Option (Right to Buy) | $43.57 | M | 5000 | Disposed | 2026-01-25 | CRANE CO. COMMON, PAR VALUE $1.00 (5000.0) | Direct |
| 2021-05-10 | Employee Stock Option (Right to Buy) | $43.57 | M | 5000 | Disposed | 2026-01-25 | CRANE CO. COMMON, PAR VALUE $1.00 (5000.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| CRANE CO. COMMON, PAR VALUE $1.00 | 26809 | Indirect |
| CRANE CO. COMMON, PAR VALUE $1.00 | 1387 | Indirect |
Footnotes
F1: Mr. Gallo exercised 5,000 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 $99.09.
F2: Weighted average price at which shares were sold at prices ranging from $98.51 to $99.50. 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: Mr. Gallo exercised 5,000 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 $99.75.
F4: Weighted average price at which shares were sold at prices ranging from $99.66 to $99.84. 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.
F5: 341 shares previously reported as directly held were transferred to the Kurt Gallo Living Trust.
F6: The options were granted 1/25/2016 with a ten-year term and vested 25% each year over four years.