Home > Insider Trading > Filing (0001225208-16-025223)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
25445	Crane Co	CR	Miscellaneous Fabricated Metal Products (3490)	131952290

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1283695	H Max Mitchell	100 First Stamford Place Stamford CT 06902-6784	President And Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Crane Co. Common, Par Value $1.00	Acquisiton	2016-01-28	6,000	$46.10	90,524	No	4	P	Direct
Crane Co. Common, Par Value $1.00	Acquisiton	2016-01-28	1,080	$0.00	91,604	No	4	M	Direct
Crane Co. Common, Par Value $1.00	Disposition	2016-01-28	366	$46.06	91,238	No	4	F	Direct
Crane Co. Common, Par Value $1.00	Acquisiton	2016-01-28	47	$0.00	2,549	No	4	J	Indirect	401(K)

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	M	Direct
No	4	F	Direct
No	4	J	Indirect	401(K)

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Crane Co. Common, Par Value $1.00	Restricted Share Unit	Disposition	2016-01-28	1,080	$0.00	1,080	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,081			No	4	M	Direct

Footnotes

Weighted average price at which shares were purchased in multiple same-day transactions at prices ranging from $46.08 to $46.10. 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.
On January 28, 2016, 1,080 Restricted Share Units, which represent the right to receive one share of Crane Co. Common Stock, previously reported as beneficially owned by the reporting person, vested due to the passage of time, and 366 shares were withheld to pay taxes on the resulting gain, resulting in a net issuance of 714 shares of Crane Co. Common Stock.
Between April 1, 2015 and December 31, 2015, the reporting person acquired an aggregate of 47 shares of Common Stock at prevailing market prices through the issuer's 401(K) Plan.
25% of the Restricted Share Units granted will be converted into shares of Common Stock on each of the first, second, third and fourth anniversaries of the grant date (January 28, 2013), provided the recipient remains employed by the Company; all Restricted Share Units will be converted into shares of Common Stock upon retirement, death, permanent disability, or termination following a change in control of the Company.
A Restricted Share Unit is forfeited if the recipient ceases to be employed by the Company before it has been converted to Common Stock.