Richard A. Maue - Jan 29, 2022 Form 4 Insider Report for CRANE CO /DE/ (CXT)

Role
Sr. V.P. & CFO
Signature
Attorney In Fact, Anthony M. D'Iorio
Stock symbol
CXT
Transactions as of
Jan 29, 2022
Transactions value $
-$21,220
Form type
4
Date filed
2/1/2022, 04:36 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 +442 +0.51% $0.00 87.5K Jan 29, 2022 Direct F1
transaction CXT CRANE CO. COMMON, PAR VALUE $1.00 Tax liability -$21.2K -205 -0.23% $103.51 87.3K Jan 29, 2022 Direct
holding CXT CRANE CO. COMMON, PAR VALUE $1.00 1.72K 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 -442 -7.81% $0.00 5.22K Jan 29, 2022 CRANE CO. COMMON, PAR VALUE $1.00 442 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 442 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.