0001225208-16-037552.txt : 20160805
0001225208-16-037552.hdr.sgml : 20160805
20160805173214
ACCESSION NUMBER: 0001225208-16-037552
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160803
FILED AS OF DATE: 20160805
DATE AS OF CHANGE: 20160805
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: ELLIS BRADLEY
CENTRAL INDEX KEY: 0001230095
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-01657
FILM NUMBER: 161812159
MAIL ADDRESS:
STREET 1: CRANE CO
STREET 2: 100 FIRST STAMFORD PLACE
CITY: STAMFORD
STATE: CT
ZIP: 06907
4
1
doc4.xml
X0306
4
2016-08-03
0000025445
CRANE CO /DE/
CR
0001230095
ELLIS BRADLEY
100 FIRST STAMFORD PLACE
STAMFORD
CT
06902-6784
1
Senior Vice President
CRANE CO. COMMON, PAR VALUE $1.00
2016-08-03
4
M
0
13500.0000
43.7200
A
163771.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2016-08-03
4
M
0
7500.0000
46.5200
A
171271.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2016-08-03
4
F
0
6322.0000
63.0900
D
164949.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2016-08-03
4
F
0
10738.0000
63.0900
D
154211.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
6814.0000
I
401(K)
CRANE CO. COMMON, PAR VALUE $1.00
2774.0000
I
DRP
Employee Stock Option (Right to Buy)
43.7200
2016-08-03
4
M
0
13500.0000
0.0000
D
2017-01-24
CRANE CO. COMMON, PAR VALUE $1.00
13500.0000
0.0000
D
Employee Stock Option (Right to Buy)
46.5200
2016-08-03
4
M
0
7500.0000
0.0000
D
2017-05-23
CRANE CO. COMMON, PAR VALUE $1.00
7500.0000
0.0000
D
Mr. Ellis exercised 13,500 stock options, priced at $43.72 and due to expire January 2017, at a market price of $63.09. The resulting after tax gain was taken in the form of 2,762 shares of Crane Co. Stock, resulting in a net increase in Mr. Ellis's direct holdings by that amount, to 154,211 shares. Mr. Ellis tendered 9,356 shares of previously owned stock to pay the exercise price of the options, and 1,382 shares were withheld to pay taxes on the resulting gain.
Mr. Ellis exercised 7,500 stock options, priced at $46.52 and due to expire May 2017, at a market price of $63.09. The resulting after tax gain was taken in the form of 1,178 shares of Crane Co. Stock, resulting in a net increase in Mr. Ellis's direct holdings by that amount. Mr. Ellis tendered 5,531 shares of previously owned stock to pay the exercise price of the options, and 791 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 (01/24/2011).
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 (05/23/2011).
Attorney In Fact, Christopher Dee
2016-08-05