0001225208-11-023945.txt : 20111031
0001225208-11-023945.hdr.sgml : 20111031
20111031174451
ACCESSION NUMBER: 0001225208-11-023945
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111027
FILED AS OF DATE: 20111031
DATE AS OF CHANGE: 20111031
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: FAST ERIC C
CENTRAL INDEX KEY: 0001187925
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-01657
FILM NUMBER: 111169185
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
1
doc4.xml
X0304
4
2011-10-27
0000025445
CRANE CO /DE/
CR
0001187925
FAST ERIC C
100 FIRST STAMFORD PLACE
STAMFORD
CT
06902-6784
1
1
President & CEO
CRANE CO. COMMON, PAR VALUE $1.00
2011-10-27
4
M
0
30000.0000
36.5800
A
138602.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2011-10-27
4
F
0
26639.0000
45.5200
D
111963.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2011-10-28
4
M
0
30000.0000
36.5800
A
141963.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2011-10-28
4
F
0
26801.0000
44.9900
D
115162.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
3050.0000
I
401(K)
CRANE CO. COMMON, PAR VALUE $1.00
244007.0000
I
By GRAT
CRANE CO. COMMON, PAR VALUE $1.00
76367.0000
I
Fast Family Trust
Employee Stock Option (Right to Buy)
36.5800
2011-10-27
4
M
0
30000.0000
0.0000
D
2012-01-23
CRANE CO. COMMON, PAR VALUE $1.00
30000.0000
70000.0000
D
Employee Stock Option (Right to Buy)
36.5800
2011-10-28
4
M
0
30000.0000
0.0000
D
2012-01-23
CRANE CO. COMMON, PAR VALUE $1.00
30000.0000
40000.0000
D
Mr. Fast exercised 30,000 stock options priced at $36.58, at a market price of $45.52. The resulting after-tax gain was taken in the form of 3,361 shares of Crane Co. Stock, resulting in a net increase in Mr. Fast's direct holdings by that amount, to 111,963 shares. Mr. Fast tendered 24,109 shares of previously owned stock to pay the exercise price of the options, and 2,530 shares were withheld to pay taxes on the resulting gain.
Mr. Fast exercised 30,000 stock options priced at $36.58, at a market price of $44.99. The resulting after-tax gain was taken in the form of 3,199 shares of Crane Co. Stock, resulting in a net increase in Mr. Fast's direct holdings by that amount, to 115,162 shares. Mr. Fast tendered 24,393 shares of previously owned stock to pay the exercise price of the options, and 2,408 shares were withheld to pay taxes on the resulting gain.
The option vested 50% on the first, 75% on the second and 100% on the third anniversary of the grant date (01/23/2006).
After these transactions, Mr. Fast's total beneficial holdings of Crane Co. stock, including Restricted Share Units, are 568,186 shares.
Attorney In Fact, Christopher Dee
2011-10-31