Kurt F. Gallo - 02 Aug 2021 Form 4 Insider Report for CRANE CO /DE/ (CXT)

Signature
/s/ Julie A. Constantinides
Issuer symbol
CXT
Transactions as of
02 Aug 2021
Net transactions value
-$272,200
Form type
4
Filing time
04 Aug 2021, 17:08:23 UTC
Previous filing
28 May 2021
Next filing
09 Aug 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 $217,850 +5,000 $43.57 5,000 02 Aug 2021 Direct F1
transaction CXT CRANE CO. COMMON, PAR VALUE $1.00 Sale $490,050 -5,000 -100% $98.01 0 02 Aug 2021 Direct F2
holding CXT CRANE CO. COMMON, PAR VALUE $1.00 26,809 02 Aug 2021 By Kurt Gallo Living Trust
holding CXT CRANE CO. COMMON, PAR VALUE $1.00 1,394 02 Aug 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 -66% $0.000000 2,546 02 Aug 2021 CRANE CO. COMMON, PAR VALUE $1.00 5,000 $43.57 Direct F3
* 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 1/25/2016 and set to expire 1/25/2026 priced at $43.57 and sold at a weighted average price of $98.01.
F2 Weighted average price at which shares were sold at prices ranging from $98.00 to $98.06. 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.
F3 The options were granted 1/25/2016 with a ten-year term and vested 25% each year over four years.