Kurt F. Gallo - 23 Jan 2023 Form 4 Insider Report for Crane Holdings, Co. (CXT)

Signature
Attorney In Fact, Julie A. Constantinides
Issuer symbol
CXT
Transactions as of
23 Jan 2023
Net transactions value
-$68,520
Form type
4
Filing time
26 Jan 2023, 17:49:43 UTC
Previous filing
28 Nov 2022
Next filing
27 Jan 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 $0 +2,045 $0.000000 2,045 23 Jan 2023 Direct F1
transaction CXT CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 Tax liability $68,520 -622 -30% $110.16 1,423 23 Jan 2023 Direct
holding CXT CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 25,845 23 Jan 2023 By Kurt Gallo Living Trust
holding CXT CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 1,433 23 Jan 2023 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 2020 Performance-Based Restricted Share Unit Options Exercise $0 -3,888 -100% $0.000000* 0 23 Jan 2023 CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 3,888 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each 2020 Performance-Based RSU represented a contingent right to receive a number of shares of Crane Holdings, Co. common stock between 0 and 2.0. On January 23, 2023, each Performance-Based RSU was converted to the right to receive .526 shares of common stock.