Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CXT | CRANE CO. COMMON, PAR VALUE $1.00 | Options Exercise | $1.17M | +18.1K | +22.27% | $64.78 | 99.4K | Aug 12, 2021 | Direct | F1, F2 |
transaction | CXT | CRANE CO. COMMON, PAR VALUE $1.00 | Tax liability | -$1.5M | -14.4K | -14.53% | $104.09 | 84.9K | Aug 12, 2021 | Direct | F1 |
holding | CXT | CRANE CO. COMMON, PAR VALUE $1.00 | 1.71K | Aug 12, 2021 | 401(K) | F3 |
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 | -18.1K | -100% | $0.00* | 0 | Aug 12, 2021 | CRANE CO. COMMON, PAR VALUE $1.00 | 18.1K | $64.78 | Direct | F4 |
Id | Content |
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F1 | Mr. Maue exercised 18,099 stock options, priced at $64.78 and due to expire 01/27/2024, at a market price of $104.09. The resulting after-tax gain was taken in the form of 3,667 shares of Crane Co. Common Stock, resulting in a net increase in Mr. Maue's direct holding by that amount, to 84,927 shares. Mr. Maue tendered 11,264 shares of previously owned stock to pay the exercise price of the option, and 3,168 shares were withheld to pay taxes on the resulting gain. |
F2 | Includes 4 shares stock acquired through the Company's dividend reinvestment plan. |
F3 | Between April 1, 2021, and July 31, 2021, the reporting person acquired 8 shares of the Company's stock through the Company's 401(K) plan. |
F4 | The options were granted 1/27/2014 with a ten-year term and vested 25% each year over four years. |