0001225208-14-003075.txt : 20140203
0001225208-14-003075.hdr.sgml : 20140203
20140203171011
ACCESSION NUMBER: 0001225208-14-003075
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140130
FILED AS OF DATE: 20140203
DATE AS OF CHANGE: 20140203
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: 14569008
MAIL ADDRESS:
STREET 1: 100 FIRST STAMFORD PLACE
CITY: STAMFORD
STATE: CT
ZIP: 06902
4
1
doc4.xml
X0306
4
2014-01-30
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
2014-01-30
4
M
0
7500.0000
31.9400
A
23024.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2014-01-30
4
M
0
6750.0000
43.7200
A
29774.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2014-01-30
4
M
0
4500.0000
50.0300
A
34274.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2014-01-30
4
M
0
3074.0000
48.5900
A
37348.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2014-01-30
4
F
0
2581.0000
63.9000
D
34767.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2014-01-30
4
F
0
3851.0000
63.9000
D
30916.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2014-01-30
4
F
0
5019.0000
63.9000
D
25897.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2014-01-30
4
F
0
5340.0000
63.9000
D
20557.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2711.0000
I
401(K)
Employee Stock Option (Right to Buy)
50.0300
2014-01-30
4
M
0
4500.0000
0.0000
D
2018-01-23
CRANE CO. COMMON, PAR VALUE $1.00
4500.0000
9000.0000
D
Employee Stock Option (Right to Buy)
43.7200
2014-01-30
4
M
0
6750.0000
0.0000
D
2017-01-24
CRANE CO. COMMON, PAR VALUE $1.00
6750.0000
6750.0000
D
Employee Stock Option (Right to Buy)
31.9400
2014-01-30
4
M
0
7500.0000
0.0000
D
2016-01-25
CRANE CO. COMMON, PAR VALUE $1.00
7500.0000
0.0000
D
Employee Stock Option (Right to Buy)
48.5900
2014-01-30
4
M
0
3074.0000
0.0000
D
2019-01-28
CRANE CO. COMMON, PAR VALUE $1.00
3074.0000
9223.0000
D
Mr. Perlitz exercised 7,500 stock options priced at $31.94, at a market price of $63.90. The resulting after-tax gain was taken in the form of 2,481 shares of Crane Co. Stock, resulting in a net increase in Mr. Perlitz's direct holdings. Mr. Perlitz tendered 3,749 shares of previously owned stock to pay the exercise price of the options, and 1,270 shares were withheld to pay taxes on the resulting gain.
Mr. Perlitz exercised 6,750 stock options priced at $43.72, at a market price of $63.90. The resulting after-tax gain was taken in the form of 1,410 shares of Crane Co. Stock, resulting in a net increase in Mr. Perlitz's direct holdings. Mr. Perlitz tendered 4,619 shares of previously owned stock to pay the exercise price of the options, and 721 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 $63.90. The resulting after-tax gain was taken in the form of 649 shares of Crane Co. Stock, resulting in a net increase in Mr. Perlitz's direct holdings. Mr. Perlitz tendered 3,524 shares of previously owned stock to pay the exercise price of the options, and 327 shares were withheld to pay taxes on the resulting gain.
Mr. Perlitz exercised 3,074 stock options priced at $48.59, at a market price of $63.90. The resulting after-tax gain was taken in the form of 493 shares of Crane Co. Stock, resulting in a net increase in Mr. Perlitz's direct holdings. Mr. Perlitz tendered 2,338 shares of previously owned stock to pay the exercise price of the options, and 243 shares were withheld to pay taxes on the resulting gain.
This option vested 50% on the second anniversary of the grant date (01/23/2012). The remaining 50% will vest on the third and fourth anniversary of the grant date.
This option vested 25% on the first, 50% on the second, 75% on the third anniversary of the grant date (01/24/2011). The remaining 25% will vest on the fourth anniversary of the grant date.
The remaining 25% vested on the fourth anniversary of the grant date (01/25/2010).
This option vested 25% on the first anniversary of the grant date (01/28/2013). The remaining 75% will vest on the second, third and fourth anniversary of the grant date.
Attorney In Fact, Christopher Dee
2014-02-03