Aaron W. Saak - 06 Feb 2023 Form 4 Insider Report for Crane Holdings, Co. (CXT)

Role
CEO, Crane NXT
Signature
Attorney In Fact, Anthony M. D'Iorio
Issuer symbol
CXT
Transactions as of
06 Feb 2023
Net transactions value
$0
Form type
4
Filing time
08 Feb 2023, 17:06:58 UTC
Previous filing
30 Nov 2022
Next filing
30 Nov 2023
SEC
View on sec.gov

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 Restricted Share Unit Award $0 +8,354 +40% $0.000000 29,247 06 Feb 2023 CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 8,354 Direct F1, F2, F3
transaction CXT Employee Stock Option (Right to Buy) Award $0 +70,638 $0.000000 70,638 06 Feb 2023 CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 70,638 $119.71 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Share Units convert into common stock on a one-for-one basis.
F2 Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.
F3 Restricted Share Units are forfeited if the recipient resigns, or employment is terminated, before it has been converted to common stock.
F4 Options become exercisable 25% on the first anniversary, 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant.