0001225208-11-024191.txt : 20111102
0001225208-11-024191.hdr.sgml : 20111102
20111102164055
ACCESSION NUMBER: 0001225208-11-024191
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111031
FILED AS OF DATE: 20111102
DATE AS OF CHANGE: 20111102
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: 111174933
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
2011-10-31
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
2011-10-31
4
M
0
30000.0000
36.5800
A
145162.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2011-10-31
4
F
0
27079.0000
44.1100
D
118083.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2011-11-01
4
M
0
10000.0000
36.5800
A
128083.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2011-11-01
4
F
0
9170.0000
42.8100
D
118913.0000
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
2011-10-31
4
M
0
30000.0000
0.0000
D
2012-01-23
CRANE CO. COMMON, PAR VALUE $1.00
30000.0000
10000.0000
D
Employee Stock Option (Right to Buy)
36.5800
2011-11-01
4
M
0
10000.0000
0.0000
D
2012-01-23
CRANE CO. COMMON, PAR VALUE $1.00
10000.0000
0.0000
D
Mr. Fast exercised 30,000 stock options priced at $36.58, at a market price of $44.11. The resulting after-tax gain was taken in the form of 2,921 shares of Crane Co. Stock, resulting in a net increase in Mr. Fast's direct holdings by that amount, to 118,083 shares. Mr. Fast tendered 24,879 shares of previously owned stock to pay the exercise price of the options, and 2,200 shares were withheld to pay taxes on the resulting gain.
Mr. Fast exercised 10,000 stock options priced at $36.58, at a market price of $42.81. The resulting after-tax gain was taken in the form of 830 shares of Crane Co. Stock, resulting in a net increase in Mr. Fast's direct holdings by that amount, to 118,913 shares. Mr. Fast tendered 8,545 shares of previously owned stock to pay the exercise price of the options, and 625 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 571,937 shares.
Attorney in Fact, Augustus I. duPont
2011-11-02