Filing Details
- Accession Number:
- 0000025445-22-000093
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-08-26 17:25:11
- Reporting Period:
- 2022-08-24
- Accepted Time:
- 2022-08-26 17:25:11
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 25445 | Crane Holdings Co. | CR | Miscellaneous Fabricated Metal Products (3490) | 880706021 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1331850 | A Richard Maue | 100 First Stamford Place Stamford CT 06902-6784 | Sr. V.p. & Cfo | 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 Holdings, Co. Common, Par Value $1.00 | Disposition | 2022-08-24 | 9,115 | $101.70 | 78,305 | No | 4 | S | Direct | |
| Crane Holdings, Co. Common, Par Value $1.00 | Disposition | 2022-08-24 | 885 | $102.59 | 77,420 | No | 4 | S | Direct | |
| Crane Holdings, Co. Common, Par Value $1.00 | Acquisiton | 2022-08-24 | 19,949 | $79.14 | 97,369 | No | 4 | M | Direct | |
| Crane Holdings, Co. Common, Par Value $1.00 | Disposition | 2022-08-24 | 17,546 | $102.05 | 79,823 | No | 4 | F | Direct | |
| Crane Holdings, Co. Common, Par Value $1.00 | Acquisiton | 2022-08-24 | 26,965 | $73.90 | 106,788 | No | 4 | M | Direct | |
| Crane Holdings, Co. Common, Par Value $1.00 | Disposition | 2022-08-24 | 22,974 | $102.05 | 83,814 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Crane Holdings, Co. Common, Par Value $1.00 | Employee Stock Option (Right to Buy) | Disposition | 2022-08-24 | 19,949 | $0.00 | 19,949 | $79.14 |
| Crane Holdings, Co. Common, Par Value $1.00 | Employee Stock Option (Right to Buy) | Disposition | 2022-08-24 | 26,965 | $0.00 | 26,965 | $73.90 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 6,650 | 2029-01-28 | No | 4 | M | Direct | |
| 0 | 2027-01-30 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Crane Holdings, Co. Common, Par Value $1.00 | 1,738 | Indirect | 401(K) |
Footnotes
- Weighted average price at which shares were sold at prices ranging from $101.39 to $102.08. 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.
- Weighted average price at which shares were sold at prices ranging from $102.43 to $102.72. 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.
- Mr. Maue exercised 19,949 stock options, priced at $79.14 and due to expire 1/28/2029, at a market price of $102.05. The resulting after-tax gain was taken in the form of 2,403 shares of Crane Holdings, Co. Common Stock, resulting in a net increase in Mr. Maue's direct holding by that amount, to 79,823 shares. Mr. Maue tendered 15,470 shares of previously owned stock to pay the exercise price of the option, and 2,076 shares were withheld to pay taxes on the resulting gain.
- Mr. Maue exercised 26,965 stock options, priced at $73.90 and due to expire 1/30/2027, at a market price of $102.05. The resulting after-tax gain was taken in the form of 3,991 shares of Crane Holdings, Co. Common Stock, resulting in a net increase in Mr. Maue's direct holding by that amount, to 83,814 shares. Mr. Maue tendered 19,526 shares of previously owned stock to pay the exercise price of the option, and 3,448 shares were withheld to pay taxes on the resulting gain.
- The options were granted 1/28/2019 with a ten-year term and vested 25% each year over four years.
- The options were granted 1/30/2017 with a ten-year term and vested 25% each year over four years.
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