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

Role
Executive Vice President
Signature
Attorney In Fact, Anthony M. D'Iorio
Stock symbol
CR
Transactions as of
Jan 27, 2024
Transactions value $
-$315,268
Form type
4
Date filed
1/31/2024, 05:03 PM
Previous filing
Jan 29, 2024
Next filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CR Common Stock Options Exercise $0 +270 +1.11% $0.00 24.6K Jan 27, 2024 Direct F1
transaction CR Common Stock Tax liability -$12.2K -107 -0.43% $113.61 24.5K Jan 27, 2024 Direct
transaction CR Common Stock Options Exercise $0 +6.78K +27.63% $0.00 31.3K Jan 29, 2024 Direct
transaction CR Common Stock Tax liability -$303K -2.67K -8.52% $113.61 28.6K Jan 29, 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 -7.49% $0.00 3.33K Jan 27, 2024 Common Stock 270 Direct F2, F3
transaction CR 2021 Performance-Based Restricted Share Unit Options Exercise $0 -3.82K -100% $0.00* 0 Jan 29, 2024 Common Stock 3.82K 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.