Bianca B. Shardelow - 03 Apr 2023 Form 3 Insider Report for Crane NXT, Co. (CXT)

Role
VP, Controller & CAO
Signature
/s/ Paul G. Igoe, Attorney-in-Fact
Issuer symbol
CXT
Transactions as of
03 Apr 2023
Net transactions value
$0
Form type
3
Filing time
12 Apr 2023, 16:25:54 UTC
Next filing
24 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CXT CRANE NXT, CO. COMMON, PAR VALUE $1.00 1,135 03 Apr 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
holding CXT Restricted Share Unit 03 Apr 2023 CRANE NXT, CO. COMMON, PAR VALUE $1.00 1,911 Direct F1, F2, F3, F4
holding CXT Employee Stock Option (Right to Buy) 03 Apr 2023 CRANE NXT, CO. COMMON, PAR VALUE $1.00 2,003 $83.58 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 144 Restricted Share Units that vest on January 27, 2024, 509 Restricted Share Units that vest ratably in two equal annual installments beginning on January 25, 2024, 590 Restricted Share Units that vest ratably in three equal annual installments beginning on February 7, 2024, and 668 Restricted Share Units that vest ratably in four equal annual installments beginning on February 6, 2024.
F2 Restricted Share Units are forfeited if the recipient resigns, or employment is terminated, before it has been converted to common stock.
F3 Subject to adjustment in accordance with the terms of the Amended and Restated 2018 Stock Incentive Plan.
F4 Restricted Share Units convert into common stock on a one-for-one basis.
F5 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, which was January 27, 2020.