Kurt F. Gallo - 10 Aug 2021 Form 4 Insider Report for CRANE CO /DE/ (CXT)

Role
Senior Vice President
Signature
Attorney In Fact, Julie A. Constantinides
Issuer symbol
CXT
Transactions as of
10 Aug 2021
Net transactions value
-$327,014
Form type
4
Filing time
12 Aug 2021, 17:11:53 UTC
Previous filing
09 Aug 2021
Next filing
16 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 $91,148 +2,092 $43.57 2,092 10 Aug 2021 Direct F1
transaction CXT CRANE CO. COMMON, PAR VALUE $1.00 Options Exercise $143,485 +2,454 +117% $58.47 4,546 10 Aug 2021 Direct F2
transaction CXT CRANE CO. COMMON, PAR VALUE $1.00 Sale $451,372 -4,546 -100% $99.29 0 10 Aug 2021 Direct F3
transaction CXT CRANE CO. COMMON, PAR VALUE $1.00 Options Exercise $146,175 +2,500 $58.47 2,500 11 Aug 2021 Direct F4
transaction CXT CRANE CO. COMMON, PAR VALUE $1.00 Sale $256,450 -2,500 -100% $102.58 0 11 Aug 2021 Direct F5
holding CXT CRANE CO. COMMON, PAR VALUE $1.00 26,809 10 Aug 2021 By Kurt Gallo Living Trust
holding CXT CRANE CO. COMMON, PAR VALUE $1.00 1,394 10 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 -2,092 -100% $0.000000* 0 10 Aug 2021 CRANE CO. COMMON, PAR VALUE $1.00 2,092 $43.57 Direct F6
transaction CXT Employee Stock Option (Right to Buy) Options Exercise $0 -2,454 -16% $0.000000 12,455 10 Aug 2021 CRANE CO. COMMON, PAR VALUE $1.00 2,454 $58.47 Direct F7
transaction CXT Employee Stock Option (Right to Buy) Options Exercise $0 -2,500 -20% $0.000000 9,955 11 Aug 2021 CRANE CO. COMMON, PAR VALUE $1.00 2,500 $58.47 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Gallo exercised 2,092 stock options granted 01/25/2016 and set to expire 1/25/2026 priced at $43.57 and sold at a weighted average price of $99.29.
F2 Mr. Gallo exercised 2,454 stock options granted 01/26/2015 and set to expire 1/26/2025 priced at $58.47 and sold at a weighted average price of $99.29.
F3 Weighted average price at which shares were sold at prices ranging from $99.00 to $99.52. 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.
F4 Mr. Gallo exercised 2,500 stock options granted 1/26/2015 and set to expire 1/26/2025 priced at $58.47 and sold at a weighted average price of $102.58.
F5 Weighted average price at which shares were sold at prices ranging from $102.54 to $102.68. 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.
F6 The options were granted 1/25/2016 with a ten-year term and vested 25% each year over four years.
F7 The options were granted 1/26/2015 with a ten-year term and vested 25% each year over four years.