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