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