Alejandro Alcala - 27 Jan 2024 Form 4 Insider Report for Crane Co (CR)

Role
Executive Vice President
Signature
Attorney In Fact, Anthony M. D'Iorio
Issuer symbol
CR
Transactions as of
27 Jan 2024
Net transactions value
-$315,268
Form type
4
Filing time
31 Jan 2024, 17:03:50 UTC
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 +270 +1.1% $0.000000 24,640 27 Jan 2024 Direct F1
transaction CR Common Stock Tax liability $12,156 -107 -0.43% $113.61 24,533 27 Jan 2024 Direct
transaction CR Common Stock Options Exercise $0 +6,779 +28% $0.000000 31,312 29 Jan 2024 Direct
transaction CR Common Stock Tax liability $303,111 -2,668 -8.5% $113.61 28,644 29 Jan 2024 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 CR Restricted Share Unit Options Exercise $0 -270 -7.5% $0.000000 3,334 27 Jan 2024 Common Stock 270 Direct F2, F3
transaction CR 2021 Performance-Based Restricted Share Unit Options Exercise $0 -3,817 -100% $0.000000* 0 29 Jan 2024 Common Stock 3,817 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents vesting of 270 previously reported Restricted Share Units.
F2 Restricted Share Units convert into common stock on an one-for-one basis.
F3 Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.
F4 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.