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Crane NXT, Co. — Director's Dealing 2022
Jan 27, 2022
31213_dirs_2022-01-26_97c6fb5b-6f2e-4673-b5d4-a4c405fb3ff6.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: MITCHELL MAX H (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-24 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 8701 | — | Acquired | 349777 | Direct |
| 2022-01-24 | CRANE CO. COMMON, PAR VALUE $1.00 | F | 4057 | $102.01 | Disposed | 345720 | Direct |
| 2022-01-25 | CRANE CO. COMMON, PAR VALUE $1.00 | M | 3244 | — | Acquired | 348964 | Direct |
| 2022-01-25 | CRANE CO. COMMON, PAR VALUE $1.00 | F | 1504 | $101.48 | Disposed | 347460 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-01-24 | 2019 Performance-Based Restricted Share Unit | $ | M | 34804 | Disposed | CRANE CO. COMMON, PAR VALUE $1.00 (34804.0) | Direct | |
| 2022-01-25 | Restricted Share Unit | $ | M | 3244 | Disposed | CRANE CO. COMMON, PAR VALUE $1.00 (3244.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| CRANE CO. COMMON, PAR VALUE $1.00 | 2872 | 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 3,244 previously reported Restricted Share Units.
F3: Between June 1, 2021, and December 31, 2021, the reporting person acquired 38 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.