0001225208-16-037509.txt : 20160804
0001225208-16-037509.hdr.sgml : 20160804
20160804165711
ACCESSION NUMBER: 0001225208-16-037509
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160802
FILED AS OF DATE: 20160804
DATE AS OF CHANGE: 20160804
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: Maue Richard A
CENTRAL INDEX KEY: 0001331850
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-01657
FILM NUMBER: 161808213
MAIL ADDRESS:
STREET 1: C/O PAXAR CORPORATION
STREET 2: 105 CORPORATE PARK DRIVE
CITY: WHITE PLAINS
STATE: NY
ZIP: 10604
4
1
doc4.xml
X0306
4
2016-08-02
0000025445
CRANE CO /DE/
CR
0001331850
Maue Richard A
100 FIRST STAMFORD PLACE
STAMFORD
CT
06902-6784
1
V.P. Finance & CFO
CRANE CO. COMMON, PAR VALUE $1.00
2016-08-02
4
M
0
20000.0000
43.7200
A
51236.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2016-08-02
4
M
0
16455.0000
50.0300
A
67691.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2016-08-02
4
F
0
14410.0000
62.8800
D
53281.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2016-08-02
4
F
0
15969.0000
62.8800
D
37312.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
1528.0000
I
401(K)
Employee Stock Option (Right to Buy)
50.0300
2016-08-02
4
M
0
16455.0000
0.0000
D
2018-01-23
CRANE CO. COMMON, PAR VALUE $1.00
16455.0000
6545.0000
D
Employee Stock Option (Right to Buy)
43.7200
2016-08-02
4
M
0
20000.0000
0.0000
D
2017-01-24
CRANE CO. COMMON, PAR VALUE $1.00
20000.0000
0.0000
D
Mr. Maue exercised 20,000 stock options, priced at $43.72 and due to expire January 2017, at a market price of $62.88. The resulting after tax gain was taken in the form of 4,031 shares of Crane Co. Stock, resulting in a net increase in Mr. Maue's direct holdings by that amount, to 35,267 shares. Mr. Maue tendered 13,906 shares of previously owned stock to pay the exercise price of the options, and 2,063 shares were withheld to pay taxes on the resulting gain.
Mr. Maue exercised 16,455 stock options, priced at $50.03 and due to expire January 2018, at a market price of $62.88. The resulting after tax gain was taken in the form of 2,045 shares of Crane Co. Stock, resulting in a net increase in Mr. Maue's direct holdings by that amount, to 37,312 shares. Mr. Maue tendered 13,093 shares of previously owned stock to pay the exercise price of the options, and 1,317 shares were withheld to pay taxes on the resulting gain.
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 (01/23/2012).
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 (01/24/2011).
Attorney In Fact, Christopher Dee
2016-08-04