0000025445-20-000095.txt : 20200827
0000025445-20-000095.hdr.sgml : 20200827
20200827171032
ACCESSION NUMBER: 0000025445-20-000095
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200826
FILED AS OF DATE: 20200827
DATE AS OF CHANGE: 20200827
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: 201143932
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_159856261507668.xml
FORM 4
X0306
4
2020-08-26
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
2020-08-26
4
M
0
26840
43.57
A
54437
D
CRANE CO. COMMON, PAR VALUE $1.00
2020-08-26
4
S
0
22575
57.8078
D
31862
D
CRANE CO. COMMON, PAR VALUE $1.00
2020-08-26
4
A
0
17
0
A
456
I
401(K)
Employee Stock Option (Right to Buy)
43.57
2020-08-26
4
M
0
26840
0
D
2026-01-25
CRANE CO. COMMON, PAR VALUE $1.00
26840.0
0
D
Mr. Salovaara exercised 26,840 stock options granted 01/25/2016 and set to expire 1/25/2026 priced at $43.57 and sold 22,575 at a weighted average price of $57.8078.
Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $57.65 to $58.06. 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, 2019 and August 25, 2020, Mr. Salovaara acquired an aggregate of 17 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 (01/25/2016).
Attorney In Fact, Anthony M. D'Iorio
2020-08-27