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Crane NXT, Co. — Director's Dealing 2023
Feb 9, 2023
31213_dirs_2023-02-08_4b9b99e0-4620-4a28-aab0-d67ba8d07ef7.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: 2023-02-06
Reporting Person: Polmanteer Tamara S. (Exec. Vice President & CHRO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-07 | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | M | 368 | — | Acquired | 1107 | Direct |
| 2023-02-07 | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | F | 171 | $120.17 | Disposed | 936 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-06 | 2023 Performance-Based Restricted Share Unit | $ | A | 2506 | Acquired | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 (2506.0) | Direct | |
| 2023-02-06 | Employee Stock Option (Right to Buy) | $119.71 | A | 3532 | Acquired | 2033-02-06 | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 (3532.0) | Direct |
| 2023-02-06 | Restricted Share Unit | $ | A | 1253 | Acquired | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 (1253.0) | Direct | |
| 2023-02-07 | Restricted Share Unit | $ | M | 368 | Disposed | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 (368.0) | Direct |
Footnotes
F1: Represents vesting of 368 previously reported Restricted Share Units.
F2: Each 2023 Performance-Based RSU represents a contingent right to receive a number of shares of Crane Holdings, Co. common stock between zero and 2.00.
F3: 2023 Performance-Based RSUs vest on December 31, 2025, if Crane Holdings, Co.'s common stock achieves certain performance criteria for each fiscal year over the three years ending December 31, 2025, and contingent on continued employment with Crane Holdings, Co., subject to certain exceptions.
F4: 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.
F5: Restricted Share Units convert into common stock on a one-for-one basis.
F6: Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.
F7: Restricted Share Units are forfeited if the recipient resigns, or employment is terminated, before it has been converted to common stock.