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