Max H. Mitchell - 29 Jan 2024 Form 4 Insider Report for Crane Co (CR)

Role
President and CEO, Director
Signature
Attorney In Fact, Anthony M. D'Iorio
Issuer symbol
CR
Transactions as of
29 Jan 2024
Transactions value $
-$3,337,294
Form type
4
Filing time
31 Jan 2024, 17:01:52
Previous filing
29 Jan 2024
Next filing
08 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CR Common Stock Options Exercise $0 +63.4K +19.54% $0.00 388K 29 Jan 2024 Direct
transaction CR Common Stock Tax liability -$3.34M -29.4K -7.58% $113.61 358K 29 Jan 2024 Direct
holding CR Common Stock 2.94K 29 Jan 2024 401(K) F1

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 CR 2021 Performance-Based Restricted Share Unit Options Exercise $0 -35.7K -100% $0.00* 0 29 Jan 2024 Common Stock 35.7K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As a result of administrative error by the issurer's 401(k) plan administrator, the reporting person's previously filed Form 4 inadvertently included 17 shares.
F2 Each 2021 Performance-Based RSU represented a contingent right to receive a number of shares of Crane Company common stock between 0 and 2.0. On January 29, 2024, each Performance-Based RSU was converted to the right to receive 1.776 shares of common stock.