0000025445-18-000008.txt : 20180129
0000025445-18-000008.hdr.sgml : 20180129
20180129192357
ACCESSION NUMBER: 0000025445-18-000008
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180125
FILED AS OF DATE: 20180129
DATE AS OF CHANGE: 20180129
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DUPONT AUGUSTUS I
CENTRAL INDEX KEY: 0001230643
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-01657
FILM NUMBER: 18557191
MAIL ADDRESS:
STREET 1: 100 FIRST STAMFORD PLACE
CITY: STAMFORD
STATE: CT
ZIP: 06907
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
4
1
wf-form4_151727182337538.xml
FORM 4
X0306
4
2018-01-25
0
0000025445
CRANE CO /DE/
CR
0001230643
DUPONT AUGUSTUS I
100 FIRST STAMFORD PLACE
STAMFORD
CT
06902-6784
0
1
0
0
V.P., Gen. Couns. & Sec.
CRANE CO. COMMON, PAR VALUE $1.00
2018-01-25
4
M
0
482
0
A
80742
D
CRANE CO. COMMON, PAR VALUE $1.00
2018-01-25
4
F
0
175
93.85
D
80567
D
CRANE CO. COMMON, PAR VALUE $1.00
2018-01-26
4
M
0
359
0
A
80926
D
CRANE CO. COMMON, PAR VALUE $1.00
2018-01-25
4
F
0
130
94.09
D
80796
D
Restricted Share Unit
2018-01-25
4
M
0
482
0
D
CRANE CO. COMMON, PAR VALUE $1.00
482.0
3147
D
Restricted Share Unit
2018-01-26
4
A
0
359
0
D
CRANE CO. COMMON, PAR VALUE $1.00
359.0
2788
D
On January 25, 2018, 482 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 175 shares were withheld to pay taxes on the resulting gain, resulting in a net issuance of 307 shares of Crane Co. Common Stock.
On January 26, 2018, 359 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 130 shares were withheld to pay taxes on the resulting gain, resulting in a net issuance of 229 shares of Crane Co. Common Stock.
25% of the Restricted Share Units granted will be converted into shares of Common Stock on each of the first, second, third and fourth anniversaries of the grant date (January 25, 2016), provided the recipient remains employed by the Company, or retires after age 65, or after age 62 with ten years of service; all Restricted Share Units will be converted into shares of Common Stock upon death or permanent disability, or if employment is involuntarily terminated within two years after 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.
25% of the Restricted Share Units granted will be converted into shares of Common Stock on each of the first, second, third and fourth anniversaries of the grant date (January 26, 2015), provided the recipient remains employed by the Company, or retires after age 65, or after age 62 with ten years of service; all Restricted Share Units will be converted into shares of Common Stock upon death or permanent disability, or if employment is involuntarily terminated within two years after a change in control of the Company.
/s/ Augustus I. duPont
2018-01-29