0001225208-16-038115.txt : 20160818 0001225208-16-038115.hdr.sgml : 20160818 20160818172445 ACCESSION NUMBER: 0001225208-16-038115 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160816 FILED AS OF DATE: 20160818 DATE AS OF CHANGE: 20160818 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: Lavish James A. CENTRAL INDEX KEY: 0001664570 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-01657 FILM NUMBER: 161841572 MAIL ADDRESS: STREET 1: 100 FIRST STAMFORD PLACE CITY: STAMFORD STATE: CT ZIP: 06902 4 1 doc4.xml X0306 4 2016-08-16 0000025445 CRANE CO /DE/ CR 0001664570 Lavish James A. 100 FIRST STAMFORD PLACE STAMFORD CT 06902-6784 1 VP, CBS, People & Performance CRANE CO. COMMON, PAR VALUE $1.00 2016-08-16 4 M 0 2662.0000 58.4700 A 10658.0000 D CRANE CO. COMMON, PAR VALUE $1.00 2016-08-16 4 M 0 2500.0000 50.0300 A 13158.0000 D CRANE CO. COMMON, PAR VALUE $1.00 2016-08-16 4 M 0 1300.0000 48.5900 A 14458.0000 D CRANE CO. COMMON, PAR VALUE $1.00 2016-08-16 4 F 0 1090.0000 64.3000 D 13368.0000 D CRANE CO. COMMON, PAR VALUE $1.00 2016-08-16 4 F 0 2133.0000 64.3000 D 11235.0000 D CRANE CO. COMMON, PAR VALUE $1.00 2016-08-16 4 F 0 2503.0000 64.3000 D 8732.0000 D CRANE CO. COMMON, PAR VALUE $1.00 37.0000 I 401(K) CRANE CO. COMMON, PAR VALUE $1.00 1295.0000 I DRP Employee Stock Option (Right to Buy) 50.0300 2016-08-16 4 M 0 2500.0000 0.0000 D 2018-01-23 CRANE CO. COMMON, PAR VALUE $1.00 2500.0000 0.0000 D Employee Stock Option (Right to Buy) 58.4700 2016-08-16 4 M 0 2622.0000 0.0000 D 2025-01-26 CRANE CO. COMMON, PAR VALUE $1.00 2622.0000 8027.0000 D Employee Stock Option (Right to Buy) 48.5900 2016-08-16 4 M 0 1300.0000 0.0000 D 2019-01-28 CRANE CO. COMMON, PAR VALUE $1.00 1300.0000 1300.0000 D Mr. Lavish exercised 2,662 stock options, priced at $58.47 and due to expire January 2025, at a market price of $64.30. The resulting after tax gain was taken in the form of 159 shares of Crane Co. Stock, resulting in a net increase in Mr. Lavish's direct holdings by that amount. Mr. Lavish tendered 2,421 shares of previously owned stock to pay the exercise price of the options, and 82 shares were withheld to pay taxes on the resulting gain. Mr. Lavish exercised 2,500 stock options, priced at $50.03 and due to expire January 2018, at a market price of $64.30. The resulting after tax gain was taken in the form of 367 shares of Crane Co. Stock, resulting in a net increase in Mr. Lavish's direct holdings by that amount. Mr. Lavish tendered 1,946 shares of previously owned stock to pay the exercise price of the options, and 187 shares were withheld to pay taxes on the resulting gain. Mr. Lavish exercised 1,300 stock options, priced at $48.59 and due to expire January 2019, at a market price of $64.30. The resulting after tax gain was taken in the form of 210 shares of Crane Co. Stock, resulting in a net increase in Mr. Lavish's direct holdings by that amount. Mr. Lavish tendered 983 shares of previously owned stock to pay the exercise price of the options, and 107 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) The remaining 50% will vest on the third and fourth anniversary of the grant date (01/26/2015). The remaining 25% will vest on the fourth anniversary of the grant date (1/28/2013). Attorney In Fact, Christopher Dee 2016-08-18