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