Kurt F. Gallo - Jan 29, 2022 Form 4 Insider Report for CRANE CO /DE/ (CXT)

Role
Senior Vice President
Signature
/s/ Julie A. Constantinides
Stock symbol
CXT
Transactions as of
Jan 29, 2022
Transactions value $
-$7,453
Form type
4
Date filed
2/1/2022, 04:34 PM
Previous filing
Jan 31, 2022
Next filing
Feb 9, 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 $0 +169 $0.00 169 Jan 29, 2022 Direct F1
transaction CXT CRANE CO. COMMON, PAR VALUE $1.00 Tax liability -$7.45K -72 -42.6% $103.51 97 Jan 29, 2022 Direct
holding CXT CRANE CO. COMMON, PAR VALUE $1.00 27.8K Jan 29, 2022 By Kurt Gallo Living Trust
holding CXT CRANE CO. COMMON, PAR VALUE $1.00 1.41K Jan 29, 2022 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 Restricted Share Unit Options Exercise $0 -169 -4.57% $0.00 3.53K Jan 29, 2022 CRANE CO. COMMON, PAR VALUE $1.00 169 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents vesting of 169 previously reported Restricted Share Units.
F2 Restricted Share Units convert into common stock on a one-for-one basis.
F3 Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.