Id | Content |
---|---|
F1 | Deferred Stock Units convert into Crane Holdings, Co. common stock on one-for-one basis upon separation from service on the Board of Directors. |
F2 | Deferred Stock Units are forfeited if service terminates before the one-year anniversary of the grant, unless termination results from death or change in control of Crane Holdings, Co. |
F3 | Represents Deferred Stock Unit dividends accumulated during the year. |
On May 16, 2022, Crane Co. completed a reorganization merger. The merger resulted in Crane Holdings, Co. becoming a parent holding company of Crane Co. but did not alter the proportionate interests of security holders.