Crane NXT, Co. — Director's Dealing 2023

Feb 9, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Crane Holdings, Co. (CR)
CIK: 0000025445
Period of Report: 2023-02-06

Reporting Person: Gallo Kurt F. (Senior Vice President)

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	399	—	Acquired	399	Direct
2023-02-07	CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00	F	110	$120.17	Disposed	289	Direct
2023-02-07	CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00	M	8263	$93.40	Acquired	8552	Direct
2023-02-07	CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00	S	8263	$119.03	Disposed	289	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-06	2023 Performance-Based Restricted Share Unit	$	A	2715	Acquired		CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 (2715.0)	Direct
2023-02-06	Employee Stock Option (Right to Buy)	$119.71	A	3826	Acquired	2033-02-06	CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 (3826.0)	Direct
2023-02-06	Restricted Share Unit	$	A	1357	Acquired		CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 (1357.0)	Direct
2023-02-07	Restricted Share Unit	$	M	399	Disposed		CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 (399.0)	Direct
2023-02-07	Employee Stock Option (Right to Buy)	$93.4	M	8263	Disposed	2028-01-29	CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 (8263.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00	28008	Indirect

Footnotes

F1: Represents vesting of 399 previously reported Restricted Share Units.

F2: Weighted average price at which shares were sold at prices ranging from $119.00 to $119.14. The reporting person undertakes to provide, upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F3: 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.

F4: 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.

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.

F6: Restricted Share Units convert into common stock on a one-for-one basis.

F7: Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.

F8: Restricted Share Units are forfeited if the recipient resigns, or employment is terminated, before it has been converted to common stock.

F9: The options were granted 1/29/2018 with a ten-year term and vested 25% each year over four years.