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