0000025445-23-000056.txt : 20230208
0000025445-23-000056.hdr.sgml : 20230208
20230208182333
ACCESSION NUMBER: 0000025445-23-000056
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230206
FILED AS OF DATE: 20230208
DATE AS OF CHANGE: 20230208
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Gallo Kurt F.
CENTRAL INDEX KEY: 0001772908
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-01657
FILM NUMBER: 23600417
MAIL ADDRESS:
STREET 1: 100 FIRST STAMFORD PLACE
CITY: STAMFORD
STATE: CT
ZIP: 06902
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Crane Holdings, Co.
CENTRAL INDEX KEY: 0000025445
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED METAL PRODUCTS [3490]
IRS NUMBER: 880706021
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
FORMER COMPANY:
FORMER CONFORMED NAME: CRANE CO /DE/
DATE OF NAME CHANGE: 19920703
4
1
wf-form4_167589859606521.xml
FORM 4
X0306
4
2023-02-06
0
0000025445
Crane Holdings, Co.
CR
0001772908
Gallo Kurt F.
100 FIRST STAMFORD PLACE
STAMFORD
CT
06902
0
1
0
0
Senior Vice President
CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00
2023-02-07
4
M
0
399
0
A
399
D
CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00
2023-02-07
4
F
0
110
120.17
D
289
D
CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00
2023-02-07
4
M
0
8263
93.40
A
8552
D
CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00
2023-02-07
4
S
0
8263
119.03
D
289
D
CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00
28008
I
By Kurt Gallo Living Trust
2023 Performance-Based Restricted Share Unit
2023-02-06
4
A
0
2715
0
A
CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00
2715.0
2715
D
Employee Stock Option (Right to Buy)
119.71
2023-02-06
4
A
0
3826
0
A
2033-02-06
CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00
3826.0
3826
D
Restricted Share Unit
2023-02-06
4
A
0
1357
0
A
CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00
1357.0
4872
D
Restricted Share Unit
2023-02-07
4
M
0
399
0
D
CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00
399.0
4473
D
Employee Stock Option (Right to Buy)
93.4
2023-02-07
4
M
0
8263
0
D
2028-01-29
CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00
8263.0
0
D
Represents vesting of 399 previously reported Restricted Share Units.
Weighted average price at which shares were sold at prices ranging from $119.00 to $119.14. The reporting person undertakes to provide, upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Each 2023 Performance-Based RSU represents a contingent right to receive a number of shares of Crane Holdings, Co. common stock between zero and 2.00.
2023 Performance-Based RSUs vest on December 31, 2025, if Crane Holdings, Co.'s common stock achieves certain performance criteria for each fiscal year over the three years ending December 31, 2025, and contingent on continued employment with Crane Holdings, Co., subject to certain exceptions.
Options become exercisable 25% on the first anniversary, 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant.
Restricted Share Units convert into common stock on a one-for-one basis.
Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.
Restricted Share Units are forfeited if the recipient resigns, or employment is terminated, before it has been converted to common stock.
The options were granted 1/29/2018 with a ten-year term and vested 25% each year over four years.
/s/ Attorney In Fact, Julie A. Constantinides
2023-02-08