Max H. Mitchell - Jan 23, 2023 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
Jan 23, 2023
Transactions value $
-$917,963
Form type
4
Date filed
1/26/2023, 05:52 PM
Previous filing
Nov 9, 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 +17.8K +5.13% $0.00 365K Jan 23, 2023 Direct F1
transaction CXT CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 Tax liability -$918K -8.33K -2.28% $110.16 357K Jan 23, 2023 Direct
holding CXT CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 2.93K 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 -33.9K -100% $0.00* 0 Jan 23, 2023 CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 33.9K 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.