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

Role
Senior Vice President
Signature
/s/ Julie A. Constantinides Julie A. Constantinides
Stock symbol
CXT
Transactions as of
May 27, 2021
Transactions value $
-$267,150
Form type
4
Date filed
5/28/2021, 05:06 PM
Previous filing
May 11, 2021
Next filing
Aug 4, 2021

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 $218K +5K $43.57 5K May 27, 2021 Direct F1
transaction CXT CRANE CO. COMMON, PAR VALUE $1.00 Sale -$485K -5K -100% $97.00 0 May 27, 2021 Direct
holding CXT CRANE CO. COMMON, PAR VALUE $1.00 26.8K May 27, 2021 By Kurt Gallo Living Trust
holding CXT CRANE CO. COMMON, PAR VALUE $1.00 1.39K May 27, 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 -5K -39.85% $0.00 7.55K May 27, 2021 CRANE CO. COMMON, PAR VALUE $1.00 5K $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.