0001225208-11-025360.txt : 20111123
0001225208-11-025360.hdr.sgml : 20111123
20111123163243
ACCESSION NUMBER: 0001225208-11-025360
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111122
FILED AS OF DATE: 20111123
DATE AS OF CHANGE: 20111123
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: 111225638
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
2011-11-22
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
2011-11-22
4
M
0
15000.0000
16.4300
A
139430.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2011-11-22
4
F
0
9583.0000
44.7800
D
129847.0000
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
2011-11-22
4
M
0
15000.0000
0.0000
D
2015-01-26
CRANE CO. COMMON, PAR VALUE $1.00
15000.0000
100000.0000
D
Mr. Fast exercised 15,000 stock options priced at $16.43, at a market price of $44.78. The resulting after-tax gain was taken in the form of 5,417 shares of Crane Co. Stock, resulting in a net increase in Mr. Fast's direct holdings by that amount, to 129,847 shares. Mr. Fast tendered 5,504 shares of previously owned stock to pay the exercise price of the options, and 4,079 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 582,891 shares.
Attorney In Fact, Christopher Dee
2011-11-23