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

Signature
/s/ Julie A. Constantinides
Stock symbol
CXT
Transactions as of
Mar 29, 2022
Transactions value $
-$27,753
Form type
4
Date filed
3/31/2022, 05:13 PM
Previous filing
Feb 9, 2022
Next filing
Nov 28, 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 +591 $0.00 591 Mar 29, 2022 Direct F1
transaction CXT CRANE CO. COMMON, PAR VALUE $1.00 Tax liability -$27.8K -252 -42.64% $110.13 339 Mar 29, 2022 Direct
holding CXT CRANE CO. COMMON, PAR VALUE $1.00 28K Mar 29, 2022 By Kurt Gallo Living Trust F2
holding CXT CRANE CO. COMMON, PAR VALUE $1.00 1.41K Mar 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 -591 -11.52% $0.00 4.54K Mar 29, 2022 CRANE CO. COMMON, PAR VALUE $1.00 591 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents vesting of 591 previously reported Restricted Share Units.
F2 Includes 128 shares of the Company's stock acquired through the Company's dividend reinvestment plan.
F3 Restricted Share Units convert into common stock on a one-for-one basis.
F4 Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.