Kurt F. Gallo - Aug 6, 2021 Form 4 Insider Report for CRANE CO /DE/ (CXT)

Role
Senior Vice President
Signature
Attorney In Fact, Julie A. Constantinides
Stock symbol
CXT
Transactions as of
Aug 6, 2021
Transactions value $
-$25,165
Form type
4
Date filed
8/9/2021, 05:53 PM
Previous filing
Aug 4, 2021
Next filing
Aug 12, 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 $19.8K +454 $43.57 454 Aug 6, 2021 Direct F1
transaction CXT CRANE CO. COMMON, PAR VALUE $1.00 Sale -$44.9K -454 -100% $99.00 0 Aug 6, 2021 Direct F2
holding CXT CRANE CO. COMMON, PAR VALUE $1.00 26.8K Aug 6, 2021 By Kurt Gallo Living Trust
holding CXT CRANE CO. COMMON, PAR VALUE $1.00 1.39K Aug 6, 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 -454 -17.83% $0.00 2.09K Aug 6, 2021 CRANE CO. COMMON, PAR VALUE $1.00 454 $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 454 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 $99.00.
F2 Weighted average price at which shares were sold at prices ranging from $99.00 to $99.05. 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.