0001225208-15-012885.txt : 20150527 0001225208-15-012885.hdr.sgml : 20150527 20150527174111 ACCESSION NUMBER: 0001225208-15-012885 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150523 FILED AS OF DATE: 20150527 DATE AS OF CHANGE: 20150527 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: SALOVAARA KRISTIAN ROBERT CENTRAL INDEX KEY: 0001373822 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-01657 FILM NUMBER: 15893346 MAIL ADDRESS: STREET 1: C/O AMERICAN HOME MORTGAGE STREET 2: 538 BROADHOLLOW ROAD CITY: MELVILLE STATE: NY ZIP: 11747 4 1 doc4.xml X0306 4 2015-05-23 0000025445 CRANE CO /DE/ CR 0001373822 SALOVAARA KRISTIAN ROBERT 100 FIRST STAMFORD PLACE STAMFORD CT 06902-6784 1 VP, Business Development CRANE CO. COMMON, PAR VALUE $1.00 2015-05-23 4 M 0 500.0000 0.0000 A 2340.0000 D CRANE CO. COMMON, PAR VALUE $1.00 2015-05-23 4 F 0 212.0000 61.1400 D 2128.0000 D CRANE CO. COMMON, PAR VALUE $1.00 2015-05-23 5 J 0 123.0000 0.0000 A 410.0000 I 401(K) Restricted Share Unit 2015-05-23 4 M 0 500.0000 0.0000 D CRANE CO. COMMON, PAR VALUE $1.00 500.0000 5176.0000 D On May 23, 2015, 500 Restricted Share Units, which represent the right to receive one share of Crane Co. Common Stock, previously reported as beneficially owned by the reporting person, vested due to the passage of time, and 212 shares were withheld to pay taxes on the resulting gain, resulting in a net issuance of 288 shares of Crane Co. Common Stock. Between April 1, 2014 and March 31, 2015, the reporting person acquired an aggregate of 123 shares of common stock at prevailing market prices through the issuer's 401(K) Plan. 25% of the Restricted Share Units granted will be converted into shares of Common Stock on each of the first, second, third and fourth anniversaries of the grant date (May 23, 2011), provided the recipient remains employed by the Company; all Restricted Share Units will be converted into shares of Common Stock upon retirement, death, permanent disability, or in the event of a change in control of the Company. A Restricted Share Unit is forfeited if the recipient ceases to be employed by the Company before it has been converted to Common Stock. Attorney In Fact, Christopher Dee 2015-05-27