0001225208-11-024854.txt : 20111115 0001225208-11-024854.hdr.sgml : 20111115 20111115164949 ACCESSION NUMBER: 0001225208-11-024854 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111111 FILED AS OF DATE: 20111115 DATE AS OF CHANGE: 20111115 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: 111207751 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 2011-11-11 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 2011-11-11 4 M 0 15000.0000 16.4300 A 133913.0000 D CRANE CO. COMMON, PAR VALUE $1.00 2011-11-11 4 F 0 9483.0000 46.2500 D 124430.0000 D CRANE CO. COMMON, PAR VALUE $1.00 3070.0000 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) 16.4300 2011-11-11 4 M 0 15000.0000 0.0000 D 2015-01-26 CRANE CO. COMMON, PAR VALUE $1.00 15000.0000 115000.0000 D Mr. Fast exercised 15,000 stock options priced at $16.43, at a market price of $46.25. The resulting after-tax gain was taken in the form of 5,517 shares of Crane Co. Stock, resulting in a net increase in Mr. Fast's direct holdings by that amount, to 124,430 shares. Mr. Fast tendered 5,329 shares of previously owned stock to pay the exercise price of the options, and 4,154 shares were withheld to pay taxes on the resulting gain. The option vests 25% one year, 50% two years, 75% three years and 100% four years after the date of grant (01/26/2009). After this transaction, Mr. Fast's total beneficial holdings of Crane Co. stock, including Restricted Share Units, are 577,474 shares. Attorney In Fact, Christopher Dee 2011-11-15