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

Signature
Attorney In Fact, Julie A. Constantinides
Stock symbol
CXT
Transactions as of
Jan 23, 2023
Transactions value $
-$68,520
Form type
4
Date filed
1/26/2023, 05:49 PM
Previous filing
Nov 28, 2022
Next filing
Jan 27, 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 +2.05K $0.00 2.05K Jan 23, 2023 Direct F1
transaction CXT CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 Tax liability -$68.5K -622 -30.42% $110.16 1.42K Jan 23, 2023 Direct
holding CXT CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 25.8K Jan 23, 2023 By Kurt Gallo Living Trust
holding CXT CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 1.43K Jan 23, 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 -3.89K -100% $0.00* 0 Jan 23, 2023 CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 3.89K 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.