0001225208-12-019947.txt : 20120919
0001225208-12-019947.hdr.sgml : 20120919
20120919165710
ACCESSION NUMBER: 0001225208-12-019947
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120917
FILED AS OF DATE: 20120919
DATE AS OF CHANGE: 20120919
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: 121100251
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
X0306
4
2012-09-17
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
2012-09-17
4
M
0
50000.0000
36.6400
A
169025.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2012-09-17
4
F
0
46911.0000
41.0900
D
122114.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
3301.0000
I
401(K)
CRANE CO. COMMON, PAR VALUE $1.00
239885.0000
I
By GRAT
CRANE CO. COMMON, PAR VALUE $1.00
35703.0000
I
By Spouse
CRANE CO. COMMON, PAR VALUE $1.00
100932.0000
I
Fast Family Trust
Employee Stock Option (Right to Buy)
36.6400
2012-09-17
4
M
0
50000.0000
0.0000
D
2013-01-29
CRANE CO. COMMON, PAR VALUE $1.00
50000.0000
0.0000
D
Mr. Fast exercised 50,000 stock options, priced at $36.64 and due to expire in January 2013, at a market price of $41.09. The resulting after-tax gain was taken in the form of 3,089 shares of Crane Co. Stock, resulting in a net increase in Mr. Fast's direct holdings by that amount, to 122,114 shares. Mr. Fast tendered 44,586 shares of previously owned stock to pay the exercise price of the options, and 2,325 shares were withheld to pay taxes on the resulting gain.
This option was granted 1/29/07 with a six-year term, and vested 25% each year over four years.
After these transactions, Mr. Fast's total beneficial holdings of Crane Co. stock, including Resitricted Share Units, are 584,135.
Attorney In Fact, Christopher Dee
2012-09-19