Kurt F. Gallo - Feb 9, 2024 Form 4 Insider Report for Crane NXT, Co. (CXT)

Role
Senior Vice President
Signature
/s/ Paul G. Igoe, Attorney-in-Fact
Stock symbol
CXT
Transactions as of
Feb 9, 2024
Transactions value $
-$206,151
Form type
4
Date filed
2/13/2024, 04:21 PM
Previous filing
Feb 8, 2024
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXT COMMON STOCK Options Exercise $0 +8.06K $0.00 8.06K Feb 9, 2024 Direct F1
transaction CXT COMMON STOCK Tax liability -$206K -3.43K -42.5% $60.19 4.63K Feb 9, 2024 Direct
holding CXT COMMON STOCK 29.5K Feb 9, 2024 By Kurt Gallo Living Trust
holding CXT COMMON STOCK 1.45K Feb 9, 2024 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 2021 Performance-Based Restricted Share Unit Options Exercise $0 -4.14K -100% $0.00* 0 Feb 9, 2024 COMMON STOCK 4.14K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each 2021 Performance-Based RSU represented a contingent right to receive a number of shares of issuer common stock between 0 and 2.0. On February 9, 2024, each Performance-Based RSU was converted to 1.949 shares of common stock based on actual performance of the issuer's common stock during the three-year performance period ended December 31, 2023.