Filing Details
- Accession Number:
- 0000025445-20-000095
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-08-27 17:10:32
- Reporting Period:
- 2020-08-26
- Accepted Time:
- 2020-08-27 17:10:32
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 25445 | Crane Co | CR | Miscellaneous Fabricated Metal Products (3490) | 131952290 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1373822 | Robert Kristian Salovaara | 100 First Stamford Place Stamford CT 06902-6784 | Vp, Business Development | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Crane Co. Common, Par Value $1.00 | Acquisiton | 2020-08-26 | 26,840 | $43.57 | 54,437 | No | 4 | M | Direct | |
| Crane Co. Common, Par Value $1.00 | Disposition | 2020-08-26 | 22,575 | $57.81 | 31,862 | No | 4 | S | Direct | |
| Crane Co. Common, Par Value $1.00 | Acquisiton | 2020-08-26 | 17 | $0.00 | 456 | No | 4 | A | Indirect | 401(K) |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | A | Indirect | 401(K) |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Crane Co. Common, Par Value $1.00 | Employee Stock Option (Right to Buy) | Disposition | 2020-08-26 | 26,840 | $0.00 | 26,840 | $43.57 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2026-01-25 | No | 4 | M | Direct |
Footnotes
- Mr. Salovaara exercised 26,840 stock options granted 01/25/2016 and set to expire 1/25/2026 priced at $43.57 and sold 22,575 at a weighted average price of $57.8078.
- Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $57.65 to $58.06. The reporting person undertakes to provide, upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- Between January 1, 2019 and August 25, 2020, Mr. Salovaara acquired an aggregate of 17 shares of common stock at prevailing market prices through the issuer's 401(K) plan.
- This option vested 25% on the first, 50% on the second, 75% on the third and 100% on the fourth anniversary of the grant date (01/25/2016).
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