0000025445-18-000141.txt : 20181102 0000025445-18-000141.hdr.sgml : 20181102 20181102164320 ACCESSION NUMBER: 0000025445-18-000141 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181101 FILED AS OF DATE: 20181102 DATE AS OF CHANGE: 20181102 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SALOVAARA KRISTIAN ROBERT CENTRAL INDEX KEY: 0001373822 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-01657 FILM NUMBER: 181157611 MAIL ADDRESS: STREET 1: C/O AMERICAN HOME MORTGAGE STREET 2: 538 BROADHOLLOW ROAD CITY: MELVILLE STATE: NY ZIP: 11747 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_154119138358287.xml FORM 4 X0306 4 2018-11-01 0 0000025445 CRANE CO /DE/ CR 0001373822 SALOVAARA KRISTIAN ROBERT 100 FIRST STAMFORD PLACE STAMFORD CT 06902-6784 0 1 0 0 VP, Business Development CRANE CO. COMMON, PAR VALUE $1.00 2018-11-01 4 M 0 13367 48.59 A 34863 D CRANE CO. COMMON, PAR VALUE $1.00 2018-11-01 4 S 0 13367 89.5255 D 21496 D CRANE CO. COMMON, PAR VALUE $1.00 2018-11-01 5 J 0 E 12 0 A 439 I 401(K) Employee Stock Option (Right to Buy) 48.59 2018-11-01 4 M 0 13367 0 D 2019-01-28 CRANE CO. COMMON, PAR VALUE $1.00 13367.0 0 D Mr. Salovaara exercised and sold 13,367 stock options granted to him on 1/28/2013 and set to expire 1/23/2019 priced at $48.59 and sold at a weighted average price of $89.5255. Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $89.34 to $89.85. 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. Between January 1, 2017 and October 31,2018, Mr. Salovaara acquired an aggregate of 12 shares of common stock at prevailing market prices through the issuer's 401(K) plan. 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 (01/28/2013). Attorney In Fact, Alishba Kassim 2018-11-02