0001225208-13-011978.txt : 20130510
0001225208-13-011978.hdr.sgml : 20130510
20130510170035
ACCESSION NUMBER: 0001225208-13-011978
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130509
FILED AS OF DATE: 20130510
DATE AS OF CHANGE: 20130510
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: 13834326
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
2013-05-09
0000025445
CRANE CO /DE/
CR
0001187925
FAST ERIC C
100 FIRST STAMFORD PLACE
STAMFORD
CT
06902-6784
1
1
Chief Executive Officer
CRANE CO. COMMON, PAR VALUE $1.00
2013-05-09
4
M
0
35000.0000
36.4600
A
173343.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2013-05-09
4
F
0
28312.0000
57.9400
D
145031.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
3513.0000
I
401(K)
CRANE CO. COMMON, PAR VALUE $1.00
118790.0000
I
By family trusts
CRANE CO. COMMON, PAR VALUE $1.00
234564.0000
I
By GRAT
Employee Stock Option (Right to Buy)
36.4600
2013-05-09
4
M
0
35000.0000
0.0000
D
2014-01-28
CRANE CO. COMMON, PAR VALUE $1.00
35000.0000
0.0000
D
Mr. Fast exercised 35,000 stock options priced at $36.46, at a market price of $57.94. The resulting after-tax gain was taken in the form of 6,688 shares of Crane Co. Stock, resulting in a net increase in Mr. Fast's direct holdings by that amount, to 145,031 shares. Mr. Fast tendered 22,025 shares of previously owned stock to pay the exercise price of the options, and 6,287 shares were withheld to pay taxes on the resulting gain.
This option was granted 1/28/08 with a six-year term, and vested 25% each year over four years.
After this transaction, Mr. Fast's total beneficial holdings of Crane Co. stock, including Restricted Share Units, are 536,698.
Attorney In Fact, Christopher Dee
2013-05-10