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Crane NXT, Co. — Director's Dealing 2023
Apr 21, 2023
31213_dirs_2023-04-21_8a5eb197-d8e5-4c4a-a6a0-9e68791ac659.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Crane NXT, Co. (CXT)
CIK: 0000025445
Period of Report: 2023-04-19
Reporting Person: Gallo Kurt F. (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-04-19 | COMMON STOCK | M | 591 | — | Acquired | 591 | Direct |
| 2023-04-19 | COMMON STOCK | F | 252 | $49.03 | Disposed | 339 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-04-19 | Restricted Share Unit | $ | M | 591 | Disposed | COMMON STOCK (591.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| COMMON STOCK | 28297 | Indirect |
| COMMON STOCK | 1439 | Indirect |
Footnotes
F1: Represents vesting of 591 previously reported Restricted Share Units.
F2: Includes 289 shares of the issuer's common stock acquired through the issuer's dividend reinvestment plan.
F3: Between January 23, 2023 and the date of this report, the reporting person acquired six shares of common stock under the issuer'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 March 29, 2020. These 591 Restricted Share Units originally were scheduled to vest on March 29, 2023. The vesting date was delayed until April 19, 2023 for administrative purposes related to the spin-off of Crane Company by the issuer on April 3, 2023.
F6: A Restricted Share Unit is forfeited if the recipient resigns, or employment is terminated, before it has been converted to common stock.