0000025445-24-000002.txt : 20240108
0000025445-24-000002.hdr.sgml : 20240108
20240108201219
ACCESSION NUMBER: 0000025445-24-000002
CONFORMED SUBMISSION TYPE: 3/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230403
FILED AS OF DATE: 20240108
DATE AS OF CHANGE: 20240108
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Shardelow Bianca B.
CENTRAL INDEX KEY: 0001971174
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 3/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-01657
FILM NUMBER: 24521522
MAIL ADDRESS:
STREET 1: 100 FIRST STAMFORD PLACE
CITY: STAMFORD
STATE: CT
ZIP: 06902
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Crane NXT, Co.
CENTRAL INDEX KEY: 0000025445
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED METAL PRODUCTS [3490]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 880706021
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: CRANE NXT, CO.
STREET 2: 950 WINTER STREET, 4TH FLOOR NORTH
CITY: WALTHAM
STATE: MA
ZIP: 02451
BUSINESS PHONE: 781-755-6868
MAIL ADDRESS:
STREET 1: CRANE NXT, CO.
STREET 2: 950 WINTER STREET, 4TH FLOOR NORTH
CITY: WALTHAM
STATE: MA
ZIP: 02451
FORMER COMPANY:
FORMER CONFORMED NAME: Crane Holdings, Co.
DATE OF NAME CHANGE: 20220527
FORMER COMPANY:
FORMER CONFORMED NAME: CRANE CO /DE/
DATE OF NAME CHANGE: 19920703
3/A
1
wk-form3a_1704762729.xml
FORM 3/A
X0206
3/A
2023-04-03
2023-04-12
0
0000025445
Crane NXT, Co.
CXT
0001971174
Shardelow Bianca B.
950 WINTER STREET 4TH FLOOR NORTH
WALTHAM
MA
02451
0
1
0
0
VP, Controller & CAO
COMMON STOCK
675
D
Restricted Share Unit
COMMON STOCK
5093
D
Employee Stock Option (Right to Buy)
31.37
2030-01-27
COMMON STOCK
5336
D
The reporting person's original Form 3 filed on April 12, 2023 incorrectly reported 1,135 shares of common stock held directly by the reporting person.
Includes 384 Restricted Share Units that vest on January 27, 2024, 1,357 Restricted Share Units that vest ratably in two equal annual installments beginning on January 25, 2024, 1,572 Restricted Share Units that vest ratably in three equal annual installments beginning on February 7, 2024, and 1,780 Restricted Share Units that vest ratably in four equal annual installments beginning on February 6, 2024.
Pursuant to the terms of the spin-off of Crane Company from the issuer on April 3, 2023 (the "Separation"), the number of shares underlying all Restricted Share Unit and Option awards issued by the issuer that were held by then employees of the issuer, including the reporting person, and outstanding immediately prior to the consummation of the Separation, were adjusted. The adjustment was intended to maintain the intrinsic value of the Restricted Share Unit and Option awards of the issuer immediately before and after the consummation of the Separation. The number reported here reflects such adjustment.
Restricted Share Units convert into common stock on a one-for-one basis.
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, which was January 27, 2020
Pursuant to the terms of the Separation, the exercise price of all Option awards issued by the issuer that were held by then employees of the issuer, including the reporting person, and outstanding immediately prior to the consummation of the Separation, were adjusted. The adjustment was intended to maintain the intrinsic value of the Option awards of the issuer immediately before and after the consummation of the Separation. The number reported here reflects such adjustment.
/s/ Paul G. Igoe, Attorney-in-Fact
2024-01-08