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