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

Role: President and CEO, Director
Signature: Attorney In Fact, Anthony M. D'Iorio
Stock symbol: CR
Transactions as of: Jan 29, 2024
Transactions value $: -$3,337,294
Form type: 4
Date filed: 1/31/2024, 05:01 PM
Previous filing: Jan 29, 2024
Next filing: Feb 8, 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	Jan 29, 2024	Direct
transaction	CR	Common Stock	Tax liability	-$3.34M	-29.4K	-7.58%	$113.61	358K	Jan 29, 2024	Direct
holding	CR	Common Stock						2.94K	Jan 29, 2024	401(K)	F1

Showing 1 to 3 of 3 entries

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	Jan 29, 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.