0000025445-20-000063.txt : 20200331 0000025445-20-000063.hdr.sgml : 20200331 20200331172314 ACCESSION NUMBER: 0000025445-20-000063 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200330 FILED AS OF DATE: 20200331 DATE AS OF CHANGE: 20200331 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gallo Kurt F. CENTRAL INDEX KEY: 0001772908 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-01657 FILM NUMBER: 20762886 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_158568977739632.xml FORM 4 X0306 4 2020-03-30 0 0000025445 CRANE CO /DE/ CR 0001772908 Gallo Kurt F. 100 FIRST STAMFORD PLACE STAMFORD CT 06902 0 1 0 0 Sr. VP, Payment & Merch. Tech. CRANE CO. COMMON, PAR VALUE $1.00 2020-03-30 4 M 0 591 0 A 2732 D CRANE CO. COMMON, PAR VALUE $1.00 2020-03-30 4 F 0 163 49.60 D 2569 D Restricted Share Unit 2020-03-30 4 M 0 591 0 D CRANE CO. COMMON, PAR VALUE $1.00 591.0 4132 D On March 29, 2020, 591 Restricted Share Units, each of 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 163 shares were withheld to pay taxes on the resulting gain, resulting in a net issuance of 428 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 (March 29, 2019), 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 resigns, or employment is terminated, before it has been converted to Common Stock. Attorney In Fact, Anthony M. D'Iorio 2020-03-31