Max H. Mitchell - 06 Feb 2023 Form 4 Insider Report for Crane Holdings, Co. (CXT)

Role
President and CEO, Director
Signature
Attorney In Fact, Anthony M. D'Iorio
Issuer symbol
CXT
Transactions as of
06 Feb 2023
Net transactions value
-$146,728
Form type
4
Filing time
08 Feb 2023, 17:28:37 UTC
Previous filing
27 Jan 2023
Next filing
07 Feb 2023
SEC
View on sec.gov

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Quoteable Key Fact

"Max H. Mitchell filed Form 4 for Crane Holdings, Co. (CXT) on 08 Feb 2023."

Quick Takeaways

  • This page summarizes Max H. Mitchell's Form 4 filing for Crane Holdings, Co. (CXT).
  • 6 reported transactions and 4 derivative rows are listed below.
  • Filing timestamp: 08 Feb 2023, 17:28.

What Changed

  • Previous filing in this sequence was filed on 27 Jan 2023.
  • Current net transaction value: -$146,728.

Why This Matters

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Official SEC Source

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

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 +2,634 +0.73% $0.000000 361,344 07 Feb 2023 Direct F1
transaction CXT CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 Tax liability $146,728 -1,221 -0.34% $120.17 360,123 07 Feb 2023 Direct

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 2023 Performance-Based Restricted Share Unit Award $0 +24,626 $0.000000 24,626 06 Feb 2023 CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 24,626 Direct F2, F3
transaction CXT Employee Stock Option (Right to Buy) Award $0 +31,552 $0.000000 31,552 06 Feb 2023 CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 31,552 $119.71 Direct F4
transaction CXT Restricted Share Unit Award $0 +8,955 +53% $0.000000 25,984 06 Feb 2023 CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 8,955 Direct F5, F6, F7
transaction CXT Restricted Share Unit Options Exercise $0 -2,634 -10% $0.000000 23,350 07 Feb 2023 CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 2,634 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents vesting of 2,634 previously reported Restricted Share Units.
F2 Each 2023 Performance-Based RSU represents a contingent right to receive a number of shares of Crane Holdings, Co. common stock between zero and 2.00.
F3 2023 Performance-Based RSUs vest on December 31, 2025, if Crane Holdings, Co.'s common stock achieves certain performance criteria for each fiscal year over the three years ending December 31, 2025, and contingent on continued employment with Crane Holdings, Co., subject to certain exceptions.
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.
F5 Restricted Share Units convert into common stock on a one-for-one basis.
F6 Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.
F7 Restricted Share Units are forfeited if the recipient resigns, or employment is terminated, before it has been converted to common stock.

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