0000025445-21-000112.txt : 20210514 0000025445-21-000112.hdr.sgml : 20210514 20210514170800 ACCESSION NUMBER: 0000025445-21-000112 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210513 FILED AS OF DATE: 20210514 DATE AS OF CHANGE: 20210514 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MITCHELL MAX H CENTRAL INDEX KEY: 0001283695 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-01657 FILM NUMBER: 21925857 MAIL ADDRESS: STREET 1: CRANE CO STREET 2: 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_162102645414768.xml FORM 4 X0306 4 2021-05-13 0 0000025445 CRANE CO /DE/ CR 0001283695 MITCHELL MAX H 100 FIRST STAMFORD PLACE STAMFORD CT 06902-6784 1 1 0 0 President and CEO CRANE CO. COMMON, PAR VALUE $1.00 2021-05-13 4 M 0 135903 58.47 A 383714 D CRANE CO. COMMON, PAR VALUE $1.00 2021-05-13 4 F 0 106018 96.15 D 277696 D CRANE CO. COMMON, PAR VALUE $1.00 2834 I 401(K) Employee Stock Option (Right to Buy) 58.47 2021-05-13 4 M 0 135903 0 D 2025-01-26 CRANE CO. COMMON, PAR VALUE $1.00 135903.0 0 D Mr. Mitchell exercised 135,903 stock options, priced at $58.47 and due to expire 01/26/2025, at a market price of $96.15. The resulting after-tax gain was taken in the form of 29,885 shares of Crane Co. Common Stock, resulting in a net increase in Mr. Mitchell's direct holding by that amount, to 277,696 shares. Mr. Mitchell tendered 82,645 shares of previously owned stock to pay the exercise price of the option, and 23,373 shares were withheld to pay taxes on the resulting gain. The options were granted 01/26/2015 with a ten-year term and vested 25% each year over four years. Attorney In Fact, Anthony M. D'Iorio 2021-05-14