Filing Details

Accession Number:
0000025445-18-000141
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-11-02 16:43:20
Reporting Period:
2018-11-01
Accepted Time:
2018-11-02 16:43:20
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
1373822 Robert Kristian Salovaara 100 First Stamford Place
Stamford CT 06902-6784
Vp, Business Development 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 2018-11-01 13,367 $48.59 34,863 No 4 M Direct
Crane Co. Common, Par Value $1.00 Disposition 2018-11-01 13,367 $89.53 21,496 No 4 S Direct
Crane Co. Common, Par Value $1.00 Acquisiton 2018-11-01 12 $0.00 439 No 5 J Indirect 401(K)
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 5 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 Employee Stock Option (Right to Buy) Disposition 2018-11-01 13,367 $0.00 13,367 $48.59
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2019-01-28 No 4 M Direct
Footnotes
  1. Mr. Salovaara exercised and sold 13,367 stock options granted to him on 1/28/2013 and set to expire 1/23/2019 priced at $48.59 and sold at a weighted average price of $89.5255.
  2. Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $89.34 to $89.85. 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.
  3. Between January 1, 2017 and October 31,2018, Mr. Salovaara acquired an aggregate of 12 shares of common stock at prevailing market prices through the issuer's 401(K) plan.
  4. 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 (01/28/2013).