0001225208-15-012125.txt : 20150514 0001225208-15-012125.hdr.sgml : 20150514 20150514173801 ACCESSION NUMBER: 0001225208-15-012125 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150512 FILED AS OF DATE: 20150514 DATE AS OF CHANGE: 20150514 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: 15864276 MAIL ADDRESS: STREET 1: CRANE CO STREET 2: 100 FIRST STAMFORD PLACE CITY: STAMFORD STATE: CT ZIP: 06902 4 1 doc4.xml X0306 4 2015-05-12 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 2015-05-12 4 M 0 40000.0000 31.9400 A 105810.0000 D CRANE CO. COMMON, PAR VALUE $1.00 2015-05-12 4 F 0 29557.0000 60.6200 D 76253.0000 D CRANE CO. COMMON, PAR VALUE $1.00 2015-05-12 5 J 0 158.0000 0.0000 A 2502.0000 I 401(K) Employee Stock Option (Right to Buy) 31.9400 2015-05-12 4 M 0 40000.0000 0.0000 D 2016-01-25 CRANE CO. COMMON, PAR VALUE $1.00 40000.0000 0.0000 D Mr. Mitchell exercised 40,000 stock options, priced at $31.94 and due to expire January 2016, at a market price of $60.62. The resulting after-tax gain was taken in the form of 10,443 shares of Crane Co. Stock, resulting in a net increase in Mr. Mitchell's direct holdings by that amount, to 76,253 shares. Mr. Mitchell tendered 21,076 shares of previously owned stock to pay the exercise price of the options, and 8,481 shares were withheld to pay taxes on the resulting gain. Between November 1, 2014 and March 31, 2015, Mr. Mitchell acquired an aggregate of 158 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 (01/25/2010). Attorney In Fact, Christopher Dee 2015-05-14