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