Kurt F. Gallo - Aug 12, 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 12, 2021
Transactions value $
-$113,175
Form type
4
Date filed
8/16/2021, 05:36 PM
Previous filing
Aug 12, 2021
Next filing
Jan 26, 2022

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 $146K +2.5K $58.47 2.5K Aug 12, 2021 Direct F1
transaction CXT CRANE CO. COMMON, PAR VALUE $1.00 Sale -$259K -2.5K -100% $103.74 0 Aug 12, 2021 Direct F2
holding CXT CRANE CO. COMMON, PAR VALUE $1.00 26.8K Aug 12, 2021 By Kurt Gallo Living Trust
holding CXT CRANE CO. COMMON, PAR VALUE $1.00 1.39K Aug 12, 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 -2.5K -25.11% $0.00 7.46K Aug 12, 2021 CRANE CO. COMMON, PAR VALUE $1.00 2.5K $58.47 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 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 $103.74
F2 Weighted average price at which shares were sold at prices ranging from $103.72 to $103.79. 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 1/26/2015 with a ten-year term and vested 25% each year over four years.