0001225208-14-023871.txt : 20141124 0001225208-14-023871.hdr.sgml : 20141124 20141124171405 ACCESSION NUMBER: 0001225208-14-023871 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20141120 FILED AS OF DATE: 20141124 DATE AS OF CHANGE: 20141124 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: MITCHELL MAX H CENTRAL INDEX KEY: 0001283695 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-01657 FILM NUMBER: 141247083 MAIL ADDRESS: STREET 1: CRANE CO STREET 2: 100 FIRST STAMFORD PLACE CITY: STAMFORD STATE: CT ZIP: 06902 4 1 doc4.xml X0306 4 2014-11-20 0000025445 CRANE CO /DE/ CR 0001283695 MITCHELL MAX H 100 FIRST STAMFORD PLACE STAMFORD CT 06902-6784 1 1 President and CEO CRANE CO. COMMON, PAR VALUE $1.00 2014-11-20 4 M 0 30000.0000 16.4300 A 83504.0000 D CRANE CO. COMMON, PAR VALUE $1.00 2014-11-20 4 F 0 18697.0000 61.0500 D 64807.0000 D CRANE CO. COMMON, PAR VALUE $1.00 2014-11-20 5 J 0 322.0000 0.0000 A 2344.0000 I 401(K) Employee Stock Option (Right to Buy) 16.4300 2014-11-20 4 M 0 30000.0000 0.0000 D 2015-01-26 CRANE CO. COMMON, PAR VALUE $1.00 30000.0000 0.0000 D Mr. Mitchell exercised 30,000 stock options, priced at $16.43 and due to expire January 2015, at a market price of $61.05. The resulting after-tax gain was taken in the form of 11,303 shares of Crane Co. Stock, resulting in a net increase in Mr. Mitchell's direct holdings by that amount, to 64,807 shares. Mr. Mitchell tendered 8,074 shares of previously owned stock to pay the exercise price of the options, and 10,623 shares were withheld to pay taxes on the resulting gain. Between January 1, 2013 and October 31, 2014, Mr. Mitchell acquired an aggregate of 322 shares of common stock at prevailing market prices through the issuer's 401(K) Plan. This option vested 25% on the first, 50% on the second, 75% on the third and 100% on the fourth anniversary of the grant date (01/26/2009). Attorney In Fact, Christopher Dee 2014-11-24