Max H. Mitchell - 24 Jan 2022 Form 4 Insider Report for CRANE CO /DE/ (CXT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
26 Jan 2022, 17:06:54 UTC
Prior SEC filing
14 Dec 2021
Next SEC filing
09 Feb 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Attorney In Fact, Anthony M. D'Iorio

Key filing fact

Max H. Mitchell filed Form 4 for CRANE CO /DE/ (CXT) on 26 Jan 2022.

Key facts

  • This page summarizes Max H. Mitchell's Form 4 filing for CRANE CO /DE/ (CXT).
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 26 Jan 2022, 17:06.

Change

  • Previous filing in this sequence was filed on 14 Dec 2021.
  • Current net transaction value: -$566,480.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CXT transaction

CRANE CO. COMMON, PAR VALUE $1.00

Options Exercise

Transaction value
$0
Shares
+8,701
Change %
+2.6%
Price
$0.000000
Shares after
349,777
Date
24 Jan 2022
Ownership
Direct
Footnotes
F1
CXT transaction

CRANE CO. COMMON, PAR VALUE $1.00

Tax liability

Transaction value
$413,855
Shares
-4,057
Change %
-1.2%
Price
$102.01
Shares after
345,720
Date
24 Jan 2022
Ownership
Direct
CXT transaction

CRANE CO. COMMON, PAR VALUE $1.00

Options Exercise

Transaction value
$0
Shares
+3,244
Change %
+0.94%
Price
$0.000000
Shares after
348,964
Date
25 Jan 2022
Ownership
Direct
Footnotes
F2
CXT transaction

CRANE CO. COMMON, PAR VALUE $1.00

Tax liability

Transaction value
$152,626
Shares
-1,504
Change %
-0.43%
Price
$101.48
Shares after
347,460
Date
25 Jan 2022
Ownership
Direct
CXT holding

CRANE CO. COMMON, PAR VALUE $1.00

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,872
Date
24 Jan 2022
Ownership
401(K)
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CXT transaction Derivative

2019 Performance-Based Restricted Share Unit

Options Exercise

Transaction value
$0
Shares
-34,804
Change %
-100%
Price
$0.000000*
Shares after
0
Date
24 Jan 2022
Ownership
Direct
Underlying class
CRANE CO. COMMON, PAR VALUE $1.00
Underlying amount
34,804
Exercise price
Footnotes
F1
CXT transaction Derivative

Restricted Share Unit

Options Exercise

Transaction value
$0
Shares
-3,244
Change %
-25%
Price
$0.000000
Shares after
9,735
Date
25 Jan 2022
Ownership
Direct
Underlying class
CRANE CO. COMMON, PAR VALUE $1.00
Underlying amount
3,244
Exercise price
Footnotes
F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Each 2019 Performance-Based RSU represented a contingent right to receive a number of shares of Crane Co. common stock between 0 and 2.00. On January 24, 2022, each Performance-Based RSU was converted to the right to receive .25 shares of common stock.

Footnote F2

Represents vesting of 3,244 previously reported Restricted Share Units.

Footnote F3

Between June 1, 2021, and December 31, 2021, the reporting person acquired 38 shares of the Company stock through the Company's 401(K) plan.

Footnote F4

Restricted Share Units convert into common stock on a one-for-one basis.

Footnote F5

Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.

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