0001225208-13-014446.txt : 20130617
0001225208-13-014446.hdr.sgml : 20130617
20130617165931
ACCESSION NUMBER: 0001225208-13-014446
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130613
FILED AS OF DATE: 20130617
DATE AS OF CHANGE: 20130617
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Perlitz Thomas J
CENTRAL INDEX KEY: 0001337979
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-01657
FILM NUMBER: 13917286
MAIL ADDRESS:
STREET 1: 100 FIRST STAMFORD PLACE
CITY: STAMFORD
STATE: CT
ZIP: 06902
4
1
doc4.xml
X0306
4
2013-06-13
0000025445
CRANE CO /DE/
CR
0001337979
Perlitz Thomas J
100 FIRST STAMFORD PLACE
STAMFORD
CT
06902-6784
1
VP Corp Strtgy Grp Pres Cntrls
CRANE CO. COMMON, PAR VALUE $1.00
2013-06-13
4
M
0
6750.0000
43.7200
A
41275.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2013-06-13
4
M
0
4500.0000
50.0300
A
45775.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2013-06-13
4
F
0
4034.0000
59.3300
D
41741.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2013-06-13
4
F
0
5576.0000
59.3300
D
36165.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2711.0000
I
401(K)
Employee Stock Option (Right to Buy)
50.0300
2013-06-13
4
M
0
4500.0000
0.0000
D
2018-01-23
CRANE CO. COMMON, PAR VALUE $1.00
4500.0000
13500.0000
D
Employee Stock Option (Right to Buy)
43.7200
2013-06-13
4
M
0
6750.0000
0.0000
D
2017-01-24
CRANE CO. COMMON, PAR VALUE $1.00
6750.0000
13500.0000
D
Mr. Perlitz exercised 6,750 stock options priced at $43.72, at a market price of $59.33. The resulting after-tax gain was taken in the form of 1,174 shares of Crane Co. Stock, resulting in a net increase in Mr. Perlitz's direct holdings. Mr. Perlitz tendered 4,975 shares of previously owned stock to pay the exercise price of the options, and 601 shares were withheld to pay taxes on the resulting gain.
Mr. Perlitz exercised 4,500 stock options priced at $50.03, at a market price of $59.33. The resulting after-tax gain was taken in the form of 466 shares of Crane Co. Stock, resulting in a net increase in Mr. Perlitz's direct holdings. Mr. Perlitz tendered 3,795 shares of previously owned stock to pay the exercise price of the options, and 239 shares were withheld to pay taxes on the resulting gain.
This option vested 25% on the first anniversary of the grant date (01/23/2012). The remaining 75% will vest on the second, third and fourth anniversary of the grant date.
This option vested 25% on the first and 25% on the second anniversary of the grant date (1/24/2011). The remaining 50% will vest on the third and fourth anniversary of the grant date.
Christopher Dee, Attorney In Fact
2013-06-17