Key facts
- This page summarizes Max H. Mitchell's Form 4 filing for CRANE CO /DE/ (CXT).
- 3 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 09 Feb 2022, 17:09.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
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Additional SEC filing notes
Footnote F1
Each 2022 Performance-Based RSU represents a contingent right to receive a number of shares of Crane Co. common stock between zero and 2.00.
Footnote F2
2022 Performance-Based RSUs vest on December 31, 2024, if Crane Co.'s common stock achieves certain performance criteria for each fiscal year over the three years ending December 31, 2024, and contingent on continued employment with Crane Co., subject to certain exceptions.
Footnote F3
Options become exercisable 25% on the first anniversary, 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant.
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.
Footnote F6
Restricted Share Units are forfeited if the recipient resigns, or employment is terminated, before it has been converted to common stock.