0000025445-21-000122.txt : 20210604
0000025445-21-000122.hdr.sgml : 20210604
20210604171624
ACCESSION NUMBER: 0000025445-21-000122
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210528
FILED AS OF DATE: 20210604
DATE AS OF CHANGE: 20210604
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Maue Richard A
CENTRAL INDEX KEY: 0001331850
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-01657
FILM NUMBER: 21997400
MAIL ADDRESS:
STREET 1: C/O PAXAR CORPORATION
STREET 2: 105 CORPORATE PARK DRIVE
CITY: WHITE PLAINS
STATE: NY
ZIP: 10604
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/A
1
wf-form4a_162284136810765.xml
FORM 4/A
X0306
4/A
2021-05-28
2021-06-01
0
0000025445
CRANE CO /DE/
CR
0001331850
Maue Richard A
100 FIRST STAMFORD PLACE
STAMFORD
CT
06902-6784
0
1
0
0
Sr. V.P. & CFO
CRANE CO. COMMON, PAR VALUE $1.00
2021-05-28
4
F
0
22491
95.49
D
81256
D
Mr. Maue exercised 28,398 stock options, priced at $58.47 and due to expire 01/26/2025, at a market price of $95.49. The resulting after-tax gain was taken in the form of 5,907 shares of Crane Co. Common Stock, resulting in a net increase in Mr. Maue's direct holding by that amount, to 81,256 shares. Mr. Maue tendered 17,389 shares of previously owned stock to pay the exercise price of the option, and 5,102 shares were withheld to pay taxes on the resulting gain.
As a result of calculation errors by the issuer's equity award administrator, the reporting person filed a Form 4 on June 1, 2021 which inadvertently reported an incorrect number of shares of the issuer's common stock withheld to pay taxes and, accordingly, an incorrect number of shares of the issuer's common stock beneficially owned following the reported withholding transaction. This Form 4 is filed solely for the purpose of correcting the administrator's calculation errors.
Attorney In Fact, Anthony M. D'Iorio
2021-06-04