0001225208-16-038420.txt : 20160826
0001225208-16-038420.hdr.sgml : 20160826
20160826172134
ACCESSION NUMBER: 0001225208-16-038420
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160825
FILED AS OF DATE: 20160826
DATE AS OF CHANGE: 20160826
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: DUPONT AUGUSTUS I
CENTRAL INDEX KEY: 0001230643
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-01657
FILM NUMBER: 161855577
MAIL ADDRESS:
STREET 1: 100 FIRST STAMFORD PLACE
CITY: STAMFORD
STATE: CT
ZIP: 06907
4
1
doc4.xml
X0306
4
2016-08-25
0000025445
CRANE CO /DE/
CR
0001230643
DUPONT AUGUSTUS I
100 FIRST STAMFORD PLACE
STAMFORD
CT
06902-6784
1
V.P., Gen. Couns. & Sec.
CRANE CO. COMMON, PAR VALUE $1.00
2016-08-25
4
M
0
23000.0000
50.0300
A
117217.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
2016-08-25
4
F
0
20120.0000
65.1700
D
97097.0000
D
CRANE CO. COMMON, PAR VALUE $1.00
4894.0000
I
401(K)
Employee Stock Option (Right to Buy)
50.0300
2016-08-25
4
M
0
23000.0000
0.0000
D
2018-01-23
CRANE CO. COMMON, PAR VALUE $1.00
23000.0000
0.0000
D
Mr. duPont exercised 23,000 stock options, priced at $50.03 and due to expire January 2018, at a market price of $65.17. The resulting after tax gain was taken in the form of 2,880 shares of Crane Co. Stock, resulting in a net increase in Mr. duPont's direct holdings by that amount, to 97,097 shares. Mr. duPont tendered 17,657 shares of previously owned stock to pay the exercise price of the options, and 2,463 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).
Attorney In Fact, Christopher Dee
2016-08-26