0001944013-23-000015.txt : 20231129 0001944013-23-000015.hdr.sgml : 20231129 20231129171930 ACCESSION NUMBER: 0001944013-23-000015 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231127 FILED AS OF DATE: 20231129 DATE AS OF CHANGE: 20231129 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MITCHELL MAX H CENTRAL INDEX KEY: 0001283695 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41570 FILM NUMBER: 231453339 MAIL ADDRESS: STREET 1: CRANE CO STREET 2: 100 FIRST STAMFORD PLACE CITY: STAMFORD STATE: CT ZIP: 06902 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Crane Co CENTRAL INDEX KEY: 0001944013 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED METAL PRODUCTS [3490] IRS NUMBER: 882846451 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 100 FIRST STAMFORD PLACE CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: (203) 363-7300 MAIL ADDRESS: STREET 1: 100 FIRST STAMFORD PLACE CITY: STAMFORD STATE: CT ZIP: 06902 4 1 wk-form4_1701296355.xml FORM 4 X0508 4 2023-11-27 0 0001944013 Crane Co CR 0001283695 MITCHELL MAX H 100 FIRST STAMFORD PLACE STAMFORD CT 06902-6784 1 1 0 0 President and CEO 0 Common Stock 2023-11-27 4 M 0 34691 64.86 A 357319 D Common Stock 2023-11-28 4 M 0 22542 64.86 A 379861 D Common Stock 2023-11-27 4 S 0 15136 108.25 D 364725 D Common Stock 2023-11-27 4 S 0 19555 109.62 D 345170 D Common Stock 2023-11-28 4 S 0 11257 104.40 D 333913 D Common Stock 2023-11-28 4 S 0 1743 105.67 D 332170 D Common Stock 2023-11-28 4 S 0 1337 106.77 D 330833 D Common Stock 2023-11-28 4 S 0 585 107.57 D 330248 D Common Stock 2023-11-28 4 S 0 5467 109.40 D 324781 D Common Stock 2023-11-28 4 S 0 2153 109.79 D 322628 D Common Stock 2952 I 401(K) Employee Stock Option (Right to Buy) 64.86 2023-11-27 4 M 0 34691 0 D 2028-01-29 CRANE CO. COMMON, PAR VALUE $1.00 34691 48502 D Employee Stock Option (Right to Buy) 64.86 2023-11-28 4 M 0 22542 0 D 2028-01-29 CRANE CO. COMMON, PAR VALUE $1.00 22542 25960 D Mr. Mitchell exercised and sold 57,233 stock options to better diversify his investment portfolio, which is largely comprised of Crane Company stock. Following this exercise and sale, Mr. Mitchell's direct ownership level remains unchanged at 322,628 shares of Crane Company stock. Weighted average price at which shares were sold at prices ranging from $107.76 to $108.48. 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 $109.14 to $110.11. 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 $104.08 to $104.76. 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 $105.22 to $106.05. 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 $106.28 to $107.25. 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 $107.31 to $108.16. 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 $108.67 to $109.66. 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 $109.67 to $110.12. 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. The Company's stock ownership guidelines require Mr. Mitchell to maintain a minimum ownership level of 6x his base salary as President and Chief Executive Officer. After giving effect to the exercise and sale, Mr. Mitchell continues to beneficially own more than 20x his base salary in Company shares. The options were granted 1/29/2018 with a ten-year term and vested 25% each year over four years. Attorney In Fact, Anthony M. D'Iorio 2023-11-29