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