Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CR | 2024 Performance-Based RSU | Award | $0 | +4.01K | $0.00 | 4.01K | Feb 12, 2024 | Common Stock | 4.01K | Direct | F1, F2 | ||
transaction | CR | Employee Stock Option (Right to Buy) | Award | $0 | +4.76K | $0.00 | 4.76K | Feb 12, 2024 | Common Stock | 4.76K | $124.80 | Direct | F3 | |
transaction | CR | Restricted Share Unit | Award | $0 | +2K | +79.71% | $0.00 | 4.52K | Feb 12, 2024 | Common Stock | 2K | Direct | F4, F5 |
Id | Content |
---|---|
F1 | Each 2024 Performance-Based RSU represents a contingent right to receive a number of shares of Crane Company common stock between zero and 2.00. |
F2 | 2024 Performance-Based RSUs vest on December 31, 2026, if Crane Company's common stock achieves certain performance criteria for each fiscal year over the three years ending December 31, 2026, and contingent on continued employment with Crane Company, subject to certain exceptions. |
F3 | Options become exercisable 25% on the first anniversary, 50% on the second anniversary, 75% on the third anniversary, and 100% on the fourth anniversary of the date of the grant. |
F4 | Restricted Share Units convert into common stock on a one-for-one basis. |
F5 | Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date. |