0001225208-14-002793.txt : 20140129
0001225208-14-002793.hdr.sgml : 20140129
20140129202517
ACCESSION NUMBER: 0001225208-14-002793
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140127
FILED AS OF DATE: 20140129
DATE AS OF CHANGE: 20140129
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CRANE CO /DE/
CENTRAL INDEX KEY: 0000025445
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED METAL PRODUCTS [3490]
IRS NUMBER: 131952290
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: CRANE CO.
STREET 2: 100 FIRST STAMFORD PLACE
CITY: STAMFORD
STATE: CT
ZIP: 06902
BUSINESS PHONE: 203-363-7300
MAIL ADDRESS:
STREET 1: CRANE CO.
STREET 2: 100 FIRST STAMFORD PLACE
CITY: STAMFORD
STATE: CT
ZIP: 06902
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PANTALEONI A D
CENTRAL INDEX KEY: 0001236282
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-01657
FILM NUMBER: 14558393
MAIL ADDRESS:
STREET 1: CRANE CO
STREET 2: 100 FIRST STAMFORD PLACE
CITY: STAMFORD
STATE: CT
ZIP: 06907
FORMER NAME:
FORMER CONFORMED NAME: PANTALEONI ANTHONY DOMINIC
DATE OF NAME CHANGE: 20030528
4
1
doc4.xml
X0306
4
2014-01-27
0000025445
CRANE CO /DE/
CR
0001236282
PANTALEONI A D
100 FIRST STAMFORD PLACE
STAMFORD
CT
06902-6784
1
VP Envir. Health & Safety
CRANE CO. COMMON, PAR VALUE $1.00
2014-01-28
4
M
0
494.0000
0.0000
A
3304.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2014-01-28
4
F
0
194.0000
66.4800
D
3110.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
17099.0000
I
401(K)
Employee Stock Option (Right to Buy)
64.7800
2014-01-27
4
A
0
5728.0000
0.0000
A
2024-01-27
CRANE CO. COMMON, PAR VALUE $1.00
5728.0000
5728.0000
D
Restricted Share Unit
2014-01-27
4
A
0
741.0000
0.0000
A
CRANE CO. COMMON, PAR VALUE $1.00
741.0000
3467.0000
D
Restricted Share Unit
2014-01-28
4
M
0
194.0000
0.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
194.0000
3273.0000
D
On January 28, 2014, 494 Restricted Share Units, which represent the right to receive one share of Crane Co. Common Stock, previously reported as beneficially owned by the reporting person, vested due to the passage of time, and 194 shares were withheld to pay taxes on the resulting gain, resulting in a net increase of 300 shares of Crane Co. Common Stock.
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 grant.
Each Restricted Share Unit represents the right to receive one share of Crane Co. Common Stock if the recipient remains employed by the Company upon expiration of the time-based restrictions, or upon retirement, death, permanent disability, or in the event of a change in control of the Company.
25% of the Restricted Share Units will be converted into shares of Common Stock on each of the first, second, third and fourth anniversaries of the grant, provided the recipient remains employed by the Company; all Restricted Share Units will be converted into shares of Common Stock upon retirement, death, permanent disability, or in the event of a change in control of the Company.
A Restricted Share Unit is forfeited if the recipient ceases to be employed by the Company before it has been converted to Common Stock.
Attorney In Fact, Christopher Dee
2014-01-29