Kurt F. Gallo - 27 May 2021 Form 4 Insider Report for CRANE CO /DE/ (CXT)

Role
Senior Vice President
Signature
/s/ Julie A. Constantinides Julie A. Constantinides
Issuer symbol
CXT
Transactions as of
27 May 2021
Net transactions value
-$267,150
Form type
4
Filing time
28 May 2021, 17:06:43 UTC
Previous filing
11 May 2021
Next filing
04 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXT CRANE CO. COMMON, PAR VALUE $1.00 Options Exercise $217,850 +5,000 $43.57 5,000 27 May 2021 Direct F1
transaction CXT CRANE CO. COMMON, PAR VALUE $1.00 Sale $485,000 -5,000 -100% $97.00 0 27 May 2021 Direct
holding CXT CRANE CO. COMMON, PAR VALUE $1.00 26,809 27 May 2021 By Kurt Gallo Living Trust
holding CXT CRANE CO. COMMON, PAR VALUE $1.00 1,387 27 May 2021 401(k)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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 -5,000 -40% $0.000000 7,546 27 May 2021 CRANE CO. COMMON, PAR VALUE $1.00 5,000 $43.57 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Gallo exercised 5,000 stock options granted 01/25/2016 and set to expire 1/25/2026 priced at $43.57 and sold at $97.00.
F2 The options were granted 01/25/2016 with a ten-year term and vested 25% each year over four years.