0000025445-21-000106.txt : 20210511
0000025445-21-000106.hdr.sgml : 20210511
20210511184924
ACCESSION NUMBER: 0000025445-21-000106
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210507
FILED AS OF DATE: 20210511
DATE AS OF CHANGE: 20210511
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: D'Iorio Anthony M.
CENTRAL INDEX KEY: 0001729496
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-01657
FILM NUMBER: 21912893
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_162077334978499.xml
FORM 4
X0306
4
2021-05-07
0
0000025445
CRANE CO /DE/
CR
0001729496
D'Iorio Anthony M.
100 FIRST STAMFORD PLACE
STAMFORD
CT
06902
0
1
0
0
Sr, V.P., Gen. Couns. & Sec.
CRANE CO. COMMON, PAR VALUE $1.00
2021-05-07
4
M
0
8589
43.57
A
17545
D
CRANE CO. COMMON, PAR VALUE $1.00
2021-05-07
4
F
0
5514
99.20
D
12031
D
CRANE CO. COMMON, PAR VALUE $1.00
1029
I
401(K)
Employee Stock Option (Right to Buy)
43.57
2021-05-07
4
M
0
8589
0
D
2026-01-25
CRANE CO. COMMON, PAR VALUE $1.00
8589.0
0
D
Mr. D'Iorio exercised 8,589 stock options, priced at $43.57 and due to expire 01/25/2026, at a market price of $99.20. The resulting after-tax gain was taken in the form of 3,075 shares of Crane Co. Common Stock, resulting in a net increase in Mr. D'Iorio's direct holding by that amount, to 11,988 shares. Mr. D'Iorio tendered 3,773 shares of previously owned stock to pay the exercise price of the option, and 1,741 shares were withheld to pay taxes on the resulting gain.
Between January 30, 2021 and May 7, 2021, the reporting person acquired 74 shares of the Company's stock through the Company's 401(K) plan.
The options were granted 1/25/2016 with a ten-year term and vested 25% each year over four years.
/s/ Anthony M. D'Iorio
Anthony M. D'Iorio
2021-05-11