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