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Crane NXT, Co. — Director's Dealing 2022
Jan 27, 2022
31213_dirs_2022-01-26_c6e002be-8491-4dd2-bb54-5b3427518ab9.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: 2022-01-24
Reporting Person: Switter Edward S (V.P. Treasury & Tax)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-24 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 379 | — | Acquired | 24475 | Direct |
| 2022-01-24 | CRANE CO. COMMON, PAR VALUE $1.00 | F | 196 | $102.01 | Disposed | 24279 | Direct |
| 2022-01-25 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 190 | — | Acquired | 24469 | Direct |
| 2022-01-25 | CRANE CO. COMMON, PAR VALUE $1.00 | F | 99 | $101.48 | Disposed | 24370 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-01-24 | 2019 Performance-Based Restricted Share Unit | $ | M | 1516 | Disposed | CRANE CO. COMMON, PAR VALUE $1.00 (1516.0) | Direct | |
| 2022-01-25 | Restricted Share Unit | $ | M | 190 | Disposed | CRANE CO. COMMON, PAR VALUE $1.00 (190.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| CRANE CO. COMMON, PAR VALUE $1.00 | 1553 | Indirect |
Footnotes
F1: Each 2019 Performance-Based RSU represented a contingent right to receive a number of shares of Crane Co. common stock between 0 and 2.00. On January 24, 2022, each Performance-Based RSU was converted to the right to receive .25 shares of common stock.
F2: Represents vesting of 190 previously reported Restricted Share Units.
F3: Between February 1, 2021 and December 31, 2021, the reporting person acquired 28 shares of the Company stock through the Company's 401(K) plan.
F4: Restricted Share Units convert into common stock on a one-for-one basis.
F5: Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.