0001225208-12-002063.txt : 20120125
0001225208-12-002063.hdr.sgml : 20120125
20120125170848
ACCESSION NUMBER: 0001225208-12-002063
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120123
FILED AS OF DATE: 20120125
DATE AS OF CHANGE: 20120125
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SALOVAARA KRISTIAN ROBERT
CENTRAL INDEX KEY: 0001373822
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-01657
FILM NUMBER: 12545296
MAIL ADDRESS:
STREET 1: C/O AMERICAN HOME MORTGAGE
STREET 2: 538 BROADHOLLOW ROAD
CITY: MELVILLE
STATE: NY
ZIP: 11747
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
2012-01-23
0000025445
CRANE CO /DE/
CR
0001373822
SALOVAARA KRISTIAN ROBERT
100 FIRST STAMFORD PLACE
STAMFORD
CT
06902-6784
1
VP, Business Development
2012 Performance-Based Restricted Share Unit
2012-01-23
4
A
0
3936.0000
0.0000
A
CRANE CO. COMMON, PAR VALUE $1.00
3936.0000
3936.0000
D
Employee Stock Option (Right to Buy)
50.0300
2012-01-23
4
A
0
18000.0000
0.0000
A
2018-01-23
CRANE CO. COMMON, PAR VALUE $1.00
18000.0000
18000.0000
D
Each 2012 Performance-Based RSU represents a contingent right to receive a number of shares of Crane Co. common stock between zero and 1.75, depending upon the Total Shareholder Return of Crane Co.'s common stock compared to that of the companies in the S&P MidCap 400 Capital Goods Group during the period beginning January 1, 2012 and ending December 31, 2014.
Assuming the performance conditions specified in footnote 1 are met, the 2012 Performance-Based RSUs will vest on December 31, 2014, provided the recipient remains employed by the Company; or upon the recipient's earlier retirement, death or permanent disability; or upon a change in control of the Company.
Options become exercisable 25% on the first anniversary, 50% on the second anniversary, 75% on the third anniversary, and 100% on the fourth anniversary of the date of grant.
Attorney In Fact, Christopher Dee
2012-01-25