LIPNER WILLIAM E 4
4 · CRANE CO /DE/ · Filed Apr 28, 2004
Insider Transaction Report
Form 4
CRANE CO /DE/CR-NYSE
LIPNER WILLIAM E
Director
Transactions
- Other
CRANE CO. COMMON, PAR VALUE $1.00
2004-04-26+52→ 52 total - Award
CRANE CO. COMMON, PAR VALUE $1.00
2004-04-26+530→ 4,440 total - Award
DIRECTOR STOCK OPTION(RIGHT TO BUY)
2004-04-26+2,000→ 2,000 totalExercise: $32.65Exp: 2014-04-26→ COMMON STOCK (2,000 underlying)
Footnotes (2)
- [F1]BETWEEN MAY 1, 2003 AND MARCH 31, 2004 THE REPORTING PERSON ACQUIRED AN AGGREGATE AMOUNT OF 52 SHARES OF COMMON STOCK AT PREVAILING MARKET PRICES THROUGH THE ISSUER'S DIVIDEND REINVESTMENT PLAN.
- [F2]THIS OPTION VESTS 50% ONE YEAR, 75% TWO YEARS AND 100% THREE YEARS AFTER THE DATE OF GRANT.