Max H. Mitchell - Nov 7, 2022 Form 4 Insider Report for Crane Holdings, Co. (CXT)

Role
President and CEO, Director
Signature
Attorney In Fact, Anthony M. D'Iorio
Stock symbol
CXT
Transactions as of
Nov 7, 2022
Transactions value $
-$3,571,711
Form type
4
Date filed
11/9/2022, 04:10 PM
Previous filing
Feb 9, 2022
Next filing
Jan 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXT CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 Options Exercise $8.65M +117K +33.7% $73.90 465K Nov 7, 2022 Direct F1
transaction CXT CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 Sale -$12.2M -117K -25.19% $104.40 348K Nov 7, 2022 Direct F2
transaction CXT CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 Sale -$10.5K -100 -0.03% $105.09 347K Nov 7, 2022 Direct
holding CXT CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 2.91K Nov 7, 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 Employee Stock Option (Right to Buy) Options Exercise $0 -117K -100% $0.00* 0 Nov 7, 2022 CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 117K $73.90 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Mitchell exercised 117,103 stock options granted 1/30/2017 and set to expire 1/30/2027 priced at $73.90 and sold at a weighted average price of $104.40, leaving Mr. Mitchell with his direct ownership level unchanged at 347,460 shares of Crane Holdings, Co. stock.
F2 Weighted average price at which shares were sold at prices ranging from $104.01 to $104.98. The reporting person undertakes to provide, upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 The options were granted 1/30/2017 with a ten-year term and vested 25% each year over four years.