Filing Details
- Accession Number:
- 0001225208-16-038280
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-08-23 16:49:20
- Reporting Period:
- 2016-08-19
- Filing Date:
- 2016-08-23
- Accepted Time:
- 2016-08-23 16:49:20
- SEC Url:
- Form 4 Filing
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 |
|---|---|---|---|---|---|---|---|
| 1230095 | Bradley Ellis | 100 First Stamford Place Stamford CT 06902-6784 | Senior Vice President | No | 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 | 2016-08-19 | 13,500 | $50.03 | 167,711 | No | 4 | M | Direct | |
| Crane Co. Common, Par Value $1.00 | Disposition | 2016-08-19 | 10,000 | $65.14 | 157,711 | No | 4 | S | Direct | |
| Crane Co. Common, Par Value $1.00 | Disposition | 2016-08-19 | 11,866 | $65.19 | 145,845 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | F | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Crane Co. Common, Par Value $1.00 | Employee Stock Option (Right to Buy) | Disposition | 2016-08-19 | 13,500 | $0.00 | 13,500 | $50.03 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2018-01-23 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Crane Co. Common, Par Value $1.00 | 6,814 | Indirect | 401(K) |
| Crane Co. Common, Par Value $1.00 | 2,774 | Indirect | DRP |
Footnotes
- Mr. Ellis exercised 13,500 stock options, priced at $50.03 and due to expire January 2018, at a market price of $65.19. The resulting after tax gain was taken in the form of 1,634 shares of Crane Co. Stock, resulting in a net increase in Mr. Ellis's direct holdings by that amount. Mr. Ellis tendered 10,361 shares of previously owned stock to pay the exercise price of the options, and 1,505 shares were withheld to pay taxes on the resulting gain.
- Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $65.03 to $65.22. 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.
- This option vested 25% on the first, 50% on the second, 75% on the third and 100% on the fourth anniversary of the grant date (01/23/2012).
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