-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WfBYCsXIMg9tnQVcEAGTyJ0pm7MWKSJ/NyM0LA73RWR+kgBvOviJ4VuF6ScImsA8 p352OUMGlHZ9w49yNEVjpw== 0001225208-08-006949.txt : 20080423 0001225208-08-006949.hdr.sgml : 20080423 20080423181337 ACCESSION NUMBER: 0001225208-08-006949 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080421 FILED AS OF DATE: 20080423 DATE AS OF CHANGE: 20080423 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GARDNER DORSEY R CENTRAL INDEX KEY: 0000934307 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-01657 FILM NUMBER: 08772649 BUSINESS ADDRESS: STREET 1: FINANCIAL STREET 2: ONE POST OFFICE SQUARE 23RD FL CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6173386230 MAIL ADDRESS: STREET 1: ONE POST OFFICE SQUARE 23RD FL CITY: BOSTON STATE: MA ZIP: 02109 4 1 doc4.xml X0202 4 2008-04-21 0000025445 CRANE CO /DE/ CR 0000934307 GARDNER DORSEY R 100 FIRST STAMFORD PLACE STAMFORD CT 06902-6784 1 CRANE CO. COMMON, PAR VALUE $1.00 2008-04-21 5 J 0 194 0 A 2117 I DRP CRANE CO. COMMON, PAR VALUE $1.00 11987 D Deferred Stock Units 0 2008-04-21 4 A 0 862 0 A CRANE CO. COMMON, PAR VALUE $1.00 862 1761 D Deferred Stock Units 0 2008-04-21 5 A 0 14 0 A CRANE CO. COMMON, PAR VALUE $1.00 14 1775 D Director Stock Option(Right to Buy) 43.49 2008-04-21 4 A 0 2000 0 A 2018-04-21 CRANE CO. COMMON, PAR VALUE $1.00 2000 2000 D BETWEEN APRIL 1, 2006 AND MARCH 31, 2008, THE REPORTING PERSON ACQUIRED AN AGGREGATE OF 194 SHARES OF COMMON STOCK AT PREVAILING MARKET PRICES THROUGH THE ISSUER'S DIVIDEND REINVESTMENT PLAN. EACH DEFERRED STOCK UNIT REPRESENTS THE RIGHT TO RECEIVE ONE SHARE OF CRANE CO. COMMON STOCK UPON SEPARATION FROM SERVICE ON THE BOARD OF DIRECTORS. FOLLOWING SEPARATION FROM SERVICE ON THE BOARD OF DIRECTORS, THE DIRECTOR WILL RECEIVE ONE SHARE OF CRANE CO. COMMON STOCK FOR EACH DEFERRED STOCK UNIT; IF, HOWEVER, THE DIRECTOR'S SERVICE TERMINATES BEFORE THE FIRST ANNIVERSARY OF THE GRANT, EXCEPT FOR REASONS OF DEATH, DISABILITY, OR A CHANGE IN CONTROL OF CRANE CO., THEN THE RIGHT TO RECEIVE SUCH SHARES WILL EXPIRE. ADDITIONAL DEFERRED STOCK UNITS ARE GRANTED DURING THE YEAR TO COINCIDE WITH PAYMENT OF DIVIDENDS ON CRANE CO. STOCK. 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. Attorney In Fact, Christopher Dee 2008-04-23 -----END PRIVACY-ENHANCED MESSAGE-----