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Crane NXT, Co. — Director's Dealing 2022
Nov 9, 2022
31213_dirs_2022-11-09_0f9442a8-be55-4163-aaa9-813278f2af66.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Crane Holdings, Co. (CR)
CIK: 0000025445
Period of Report: 2022-11-07
Reporting Person: Maue Richard A (Sr. V.P. & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-11-07 | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | M | 21641 | $93.40 | Acquired | 105455 | Direct |
| 2022-11-07 | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | F | 20401 | $104.57 | Disposed | 85054 | Direct |
| 2022-11-07 | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | S | 5907 | $104.31 | Disposed | 79147 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-11-07 | Employee Stock Option (Right to Buy) | $93.4 | M | 21641 | Disposed | 2028-01-29 | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 (21641.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | 1747 | Indirect |
Footnotes
F1: Mr. Maue exercised 21,641 stock options, priced at $93.40 and due to expire 1/29/2028, at a market price of $104.57. The resulting after-tax gain was taken in the form of 1,240 shares of Crane Holdings, Co. Common Stock, resulting in a net increase in Mr. Maue's direct holding by that amount, to 85,054 shares. Mr. Maue tendered 19,330 shares of previously owned stock to pay the exercise price of the option, and 1,071 shares were withheld to pay taxes on the resulting gain.
F2: Weighted average price at which shares were sold at prices ranging from $104.28 to $104.39. 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: The options were granted 1/29/2018 with a ten-year term and vested 25% each year over four years.