AI assistant
Crane NXT, Co. — Director's Dealing 2023
Apr 12, 2023
31213_dirs_2023-04-12_dfc0d4ec-e50f-4f49-a388-7b5998abdf42.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Crane NXT, Co. (CXT)
CIK: 0000025445
Period of Report: 2023-04-03
Reporting Person: Shardelow Bianca B. (VP, Controller & CAO)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| CRANE NXT, CO. COMMON, PAR VALUE $1.00 | 1135 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Share Unit | $ | CRANE NXT, CO. COMMON, PAR VALUE $1.00 (1911.0) | Direct | ||
| Employee Stock Option (Right to Buy) | $83.58 | 2030-01-27 | CRANE NXT, CO. COMMON, PAR VALUE $1.00 (2003.0) | Direct |
Footnotes
F1: Includes 144 Restricted Share Units that vest on January 27, 2024, 509 Restricted Share Units that vest ratably in two equal annual installments beginning on January 25, 2024, 590 Restricted Share Units that vest ratably in three equal annual installments beginning on February 7, 2024, and 668 Restricted Share Units that vest ratably in four equal annual installments beginning on February 6, 2024.
F2: Restricted Share Units are forfeited if the recipient resigns, or employment is terminated, before it has been converted to common stock.
F3: Subject to adjustment in accordance with the terms of the Amended and Restated 2018 Stock Incentive Plan.
F4: Restricted Share Units convert into common stock on a one-for-one basis.
F5: Options become exercisable 25% on the first anniversary, 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant, which was January 27, 2020.