0000025445-18-000010.txt : 20180129 0000025445-18-000010.hdr.sgml : 20180129 20180129192526 ACCESSION NUMBER: 0000025445-18-000010 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: Lavish James A. CENTRAL INDEX KEY: 0001664570 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-01657 FILM NUMBER: 18557195 MAIL ADDRESS: STREET 1: 100 FIRST STAMFORD PLACE CITY: STAMFORD STATE: CT ZIP: 06902 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_151727191204208.xml FORM 4 X0306 4 2018-01-25 0 0000025445 CRANE CO /DE/ CR 0001664570 Lavish James A. 100 FIRST STAMFORD PLACE STAMFORD CT 06902-6784 0 1 0 0 VP, CBS, People & Performance CRANE CO. COMMON, PAR VALUE $1.00 2018-01-25 4 M 0 344 0 A 11782 D CRANE CO. COMMON, PAR VALUE $1.00 2018-01-25 4 F 0 125 93.85 D 11657 D CRANE CO. COMMON, PAR VALUE $1.00 2018-01-26 4 M 0 192 0 A 11849 D CRANE CO. COMMON, PAR VALUE $1.00 2018-01-25 4 F 0 70 94.09 D 11779 D Restricted Share Unit 2018-01-25 4 M 0 344 0 D CRANE CO. COMMON, PAR VALUE $1.00 344.0 2111 D Restricted Share Unit 2018-01-26 4 M 0 192 0 D CRANE CO. COMMON, PAR VALUE $1.00 192.0 1919 D On January 25, 2018, 344 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 125 shares were withheld to pay taxes on the resulting gain, resulting in a net issuance of 219 shares of Crane Co. Common Stock. On January 26, 2018, 192 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 70 shares were withheld to pay taxes on the resulting gain, resulting in a net issuance of 122 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. Attorney In Fact, Christopher Dee 2018-01-29