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CR Crane Company

141.48
1.98 (1.42%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Crane Company NYSE:CR NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.98 1.42% 141.48 141.59 138.13 141.03 232,263 01:00:00

Statement of Changes in Beneficial Ownership (4)

20/02/2019 10:13pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Pinkham Louis V.
2. Issuer Name and Ticker or Trading Symbol

CRANE CO /DE/ [ CR ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Senior Vice President
(Last)          (First)          (Middle)

100 FIRST STAMFORD PLACE
3. Date of Earliest Transaction (MM/DD/YYYY)

2/19/2019
(Street)

STAMFORD, CT 06902-6784
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
CRANE CO. COMMON, PAR VALUE $1.00   2/19/2019     M    10111   A $73.90   43930   D    
CRANE CO. COMMON, PAR VALUE $1.00   2/19/2019     S    10111   (1) D $85.0263   (2) 33819   D    
CRANE CO. COMMON, PAR VALUE $1.00   2/19/2019     M    28182   A $43.57   62001   D    
CRANE CO. COMMON, PAR VALUE $1.00   2/19/2019     S    28182   (3) D $85.0263   (2) 33819   D    
CRANE CO. COMMON, PAR VALUE $1.00   2/19/2019     M    12424   A $58.47   46243   D    
CRANE CO. COMMON, PAR VALUE $1.00   2/19/2019     S    12424   (4) D $85.0263   (2) 33819   D    
CRANE CO. COMMON, PAR VALUE $1.00   2/19/2019     M    4386   A $64.78   38205   D    
CRANE CO. COMMON, PAR VALUE $1.00   2/19/2019     S    4386   (5) D $85.0263   (2) 33819   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy)   $73.9   2/19/2019     M         10111      (6) 1/30/2027   CRANE CO. COMMON, PAR VALUE $1.00   10111.0   $0   10112   D    
Employee Stock Option (Right to Buy)   $43.57   2/19/2019     M         28182      (7) 1/25/2026   CRANE CO. COMMON, PAR VALUE $1.00   28182.0   $0   9395   D    
Employee Stock Option (Right to Buy)   $58.47   2/19/2019     M         12424      (8) 1/26/2025   CRANE CO. COMMON, PAR VALUE $1.00   12424.0   $0   0   D    
Employee Stock Option (Right to Buy)   $64.78   2/19/2019     M         4386      (9) 1/27/2024   CRANE CO. COMMON, PAR VALUE $1.00   4386.0   $0   0   D    

Explanation of Responses:
(1)  Concurrent sale of shares resulting from an exercise of options granted on 1/30/2017 and expiring on 1/30/2027.
(2)  Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $84.6000 to $85.5950. 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)  Concurrent sale of shares resulting from an exercise of options granted on 1/25/2016 and expiring on 1/25/2026.
(4)  Concurrent sale of shares resulting from an exercise of options granted on 1/26/2015 and expiring on 1/26/2025.
(5)  Concurrent sale of shares resulting from an exercise of options granted on 1/27/2014 and expiring on 1/27/2024.
(6)  This option vested 25% on the first and 50% on the second anniversary of the grant date (01/30/2017). The remaining 50% will vest on the third and fourth anniversary of the grant date.
(7)  This option vested 25% on the first, 50% on the second and 75% on the third anniversary of the grant date (01/25/2016). The remaining 25% will vest on the fourth anniversary of the grant date.
(8)  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 (01/26/2015).
(9)  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 (01/27/2014).

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Pinkham Louis V.
100 FIRST STAMFORD PLACE
STAMFORD, CT 06902-6784


Senior Vice President

Signatures
Attorney In Fact, Alishba Kassim 2/20/2019
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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