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