Richard A. Maue - 09 Feb 2023 Form 4 Insider Report for Crane Holdings, Co. (CXT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
13 Feb 2023, 16:10:51 UTC
Prior SEC filing
07 Feb 2023
Next SEC filing
21 Apr 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Attorney In Fact, Anthony M. D'Iorio

Key filing fact

Richard A. Maue filed Form 4 for Crane Holdings, Co. (CXT) on 13 Feb 2023.

Key facts

  • This page summarizes Richard A. Maue's Form 4 filing for Crane Holdings, Co. (CXT).
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 13 Feb 2023, 16:10.

Change

  • Previous filing in this sequence was filed on 07 Feb 2023.
  • Current net transaction value: -$437,268.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CXT transaction

CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00

Options Exercise

Transaction value
$526,281
Shares
+6,650
Change %
+8%
Price
$79.14
Shares after
89,304
Date
09 Feb 2023
Ownership
Direct
Footnotes
F1
CXT transaction

CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00

Tax liability

Transaction value
$646,828
Shares
-5,470
Change %
-6.1%
Price
$118.25
Shares after
83,834
Date
09 Feb 2023
Ownership
Direct
CXT transaction

CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00

Options Exercise

Transaction value
$1,647,529
Shares
+19,712
Change %
+24%
Price
$83.58
Shares after
103,546
Date
09 Feb 2023
Ownership
Direct
Footnotes
F2
CXT transaction

CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00

Tax liability

Transaction value
$1,964,251
Shares
-16,611
Change %
-16%
Price
$118.25
Shares after
86,935
Date
09 Feb 2023
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CXT transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-6,650
Change %
-100%
Price
$0.000000*
Shares after
0
Date
09 Feb 2023
Ownership
Direct
Underlying class
CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00
Underlying amount
6,650
Exercise price
$79.14
Footnotes
F3
CXT transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-19,712
Change %
-75%
Price
$0.000000
Shares after
6,571
Date
09 Feb 2023
Ownership
Direct
Underlying class
CRANE CO. COMMON, PAR VALUE $1.00
Underlying amount
19,712
Exercise price
$83.58
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Mr. Maue exercised 6,650 stock options, priced at $79.14 and due to expire 1/28/2029, at a market price of $118.25. The resulting after-tax gain was taken in the form of 1,180 shares of Crane Holdings, Co. Common Stock, resulting in a net increase in Mr. Maue's direct holding by that amount, to 83,834 shares. Mr. Maue tendered 4,451 shares of previously owned stock to pay the exercise price of the option, and 1,019 shares were withheld to pay taxes on the resulting gain.

Footnote F2

Mr. Maue exercised 19,712 stock options, priced at $83.58 and due to expire 1/27/2030, at a market price of $118.25. The resulting after-tax gain was taken in the form of 3,101 shares of Crane Holdings, Co. Common Stock, resulting in a net increase in Mr. Maue's direct holding by that amount, to 86,935 shares. Mr. Maue tendered 13,933 shares of previously owned stock to pay the exercise price of the option, and 2,678 shares were withheld to pay taxes on the resulting gain.

Footnote F3

The options were granted 1/28/2019 with a ten-year term and vested 25% each year over four years.

Footnote F4

The options were granted 1/27/2020 with a ten-year term and vested 25% each year over four years.

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