Anthony M. D'Iorio - Jan 27, 2024 Form 4 Insider Report for Crane Co (CR)

Role
Exec. V.P., Gen. Couns. & Sec.
Signature
Attorney In Fact, Julie A. Constantinides
Stock symbol
CR
Transactions as of
Jan 27, 2024
Transactions value $
-$476,708
Form type
4
Date filed
1/31/2024, 05:04 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 +292 +1.12% $0.00 26.4K Jan 27, 2024 Direct F1
transaction CR Common Stock Tax liability -$17K -150 -0.57% $113.61 26.3K Jan 27, 2024 Direct
transaction CR Common Stock Options Exercise $0 +7.91K +30.12% $0.00 34.2K Jan 29, 2024 Direct
transaction CR Common Stock Tax liability -$460K -4.05K -11.84% $113.61 30.1K 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 -292 -6.95% $0.00 3.91K Jan 27, 2024 Common Stock 292 Direct F2, F3
transaction CR 2021 Performance-Based Restricted Share Unit Options Exercise $0 -4.45K -100% $0.00* 0 Jan 29, 2024 Common Stock 4.45K 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 292 previously reported Restricted Share Units.
F2 Restricted Share Units convert into common stock on a 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.