Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CXT | CRANE CO. COMMON, PAR VALUE $1.00 | Options Exercise | $374K | +8.59K | +95.9% | $43.57 | 17.5K | May 7, 2021 | Direct | F1 |
transaction | CXT | CRANE CO. COMMON, PAR VALUE $1.00 | Tax liability | -$547K | -5.51K | -31.43% | $99.20 | 12K | May 7, 2021 | Direct | F1 |
holding | CXT | CRANE CO. COMMON, PAR VALUE $1.00 | 1.03K | May 7, 2021 | 401(K) | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CXT | Employee Stock Option (Right to Buy) | Options Exercise | $0 | -8.59K | -100% | $0.00* | 0 | May 7, 2021 | CRANE CO. COMMON, PAR VALUE $1.00 | 8.59K | $43.57 | Direct | F3 |
Id | Content |
---|---|
F1 | Mr. D'Iorio exercised 8,589 stock options, priced at $43.57 and due to expire 01/25/2026, at a market price of $99.20. The resulting after-tax gain was taken in the form of 3,075 shares of Crane Co. Common Stock, resulting in a net increase in Mr. D'Iorio's direct holding by that amount, to 11,988 shares. Mr. D'Iorio tendered 3,773 shares of previously owned stock to pay the exercise price of the option, and 1,741 shares were withheld to pay taxes on the resulting gain. |
F2 | Between January 30, 2021 and May 7, 2021, the reporting person acquired 74 shares of the Company's stock through the Company's 401(K) plan. |
F3 | The options were granted 1/25/2016 with a ten-year term and vested 25% each year over four years. |