0001225208-16-038280.txt : 20160823
0001225208-16-038280.hdr.sgml : 20160823
20160823164920
ACCESSION NUMBER: 0001225208-16-038280
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160819
FILED AS OF DATE: 20160823
DATE AS OF CHANGE: 20160823
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: ELLIS BRADLEY
CENTRAL INDEX KEY: 0001230095
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-01657
FILM NUMBER: 161847636
MAIL ADDRESS:
STREET 1: CRANE CO
STREET 2: 100 FIRST STAMFORD PLACE
CITY: STAMFORD
STATE: CT
ZIP: 06907
4
1
doc4.xml
X0306
4
2016-08-19
0000025445
CRANE CO /DE/
CR
0001230095
ELLIS BRADLEY
100 FIRST STAMFORD PLACE
STAMFORD
CT
06902-6784
1
Senior Vice President
CRANE CO. COMMON, PAR VALUE $1.00
2016-08-19
4
M
0
13500.0000
50.0300
A
167711.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2016-08-19
4
S
0
10000.0000
65.1397
D
157711.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2016-08-19
4
F
0
11866.0000
65.1900
D
145845.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
6814.0000
I
401(K)
CRANE CO. COMMON, PAR VALUE $1.00
2774.0000
I
DRP
Employee Stock Option (Right to Buy)
50.0300
2016-08-19
4
M
0
13500.0000
0.0000
D
2018-01-23
CRANE CO. COMMON, PAR VALUE $1.00
13500.0000
0.0000
D
Mr. Ellis exercised 13,500 stock options, priced at $50.03 and due to expire January 2018, at a market price of $65.19. The resulting after tax gain was taken in the form of 1,634 shares of Crane Co. Stock, resulting in a net increase in Mr. Ellis's direct holdings by that amount. Mr. Ellis tendered 10,361 shares of previously owned stock to pay the exercise price of the options, and 1,505 shares were withheld to pay taxes on the resulting gain.
Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $65.03 to $65.22. 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.
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 (01/23/2012).
Attorney In Fact, Christopher Dee
2016-08-23