0001225208-11-026138.txt : 20111209 0001225208-11-026138.hdr.sgml : 20111209 20111209165205 ACCESSION NUMBER: 0001225208-11-026138 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111205 FILED AS OF DATE: 20111209 DATE AS OF CHANGE: 20111209 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Baron Curtis A JR CENTRAL INDEX KEY: 0001536666 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-01657 FILM NUMBER: 111253933 MAIL ADDRESS: STREET 1: 100 FIRST STAMFORD PLACE CITY: STAMFORD STATE: CT ZIP: 06902 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 3 1 doc3.xml X0204 3 2011-12-05 0 0000025445 CRANE CO /DE/ CR 0001536666 Baron Curtis A JR 100 FIRST STAMFORD PLACE STAMFORD CT 06902-6784 1 Vice President, Controller CRANE CO. COMMON, PAR VALUE $1.00 1188.0000 D CRANE CO. COMMON, PAR VALUE $1.00 151.0000 I 401(K) Employee Stock Option (Right to Buy) 16.4300 2015-01-26 CRANE CO. COMMON, PAR VALUE $1.00 4000.0000 D Employee Stock Option (Right to Buy) 31.9400 2016-01-25 CRANE CO. COMMON, PAR VALUE $1.00 5000.0000 D Employee Stock Option (Right to Buy) 36.4600 2014-01-28 CRANE CO. COMMON, PAR VALUE $1.00 4000.0000 D Employee Stock Option (Right to Buy) 43.7200 2017-01-24 CRANE CO. COMMON, PAR VALUE $1.00 6000.0000 D Employee Stock Option (Right to Buy) 46.4800 2013-09-24 CRANE CO. COMMON, PAR VALUE $1.00 5000.0000 D Restricted Share Unit CRANE CO. COMMON, PAR VALUE $1.00 3125.0000 D These options vest 25% one year, 50% two years, 75% three years and 100% four years after the date of grant. The dates of grant of each option are as follows: exercise price $46.48, date of grant 9/24/2007; exercise price $36.46, date of grant 1/28/2008; exercise price $16.43, date of grant 1/26/2009; exercise price $31.94, date of grant 1/25/2010; exercise price $43.72, date of grant 1/14/2011. 25% of the Restricted Share Units will be converted into shares of Common Stock on each of the first, second, third and fourth anniversaries of the grant, provided the recipient remains employed by the Company; all Restricted Share Units will be converted into shares of Common Stock upon retirement, death, permanent disability, or in the event of a change in control of the Company. The dates and amounts of grants were as follows: on 1/26/2009, 1,000 RSUs were granted, of which 500 have vested; on 1/25/2010, 1,500 RSUs were granted, of which 375 have vested; and on 1/24/2011, 1,500 RSUs were granted, of which none have vested. A Restricted Share Unit is forfeited if the recipient ceases to be employed by the Company before it has been converted to Common Stock. Each Restricted Share Unit represents the right to receive one share of Crane Co. Common Stock if the recipient remains employed by the Company upon expiration of the time-based restrictions, or upon retirement, death, permanent disability, or in the event of a change in control of the Company. Curtis A. Baron, Jr. 2011-12-09