CRANE CO /DE/ 4
4 · CRANE CO /DE/ · Filed Apr 28, 2017
Insider Transaction Report
Form 4
LOCHNER PHILIP R
Director
Transactions
- Exercise/Conversion
Director Stock Option(Right to Buy)
2017-04-27−2,000→ 0 totalExercise: $47.08Exp: 2021-04-18→ CRANE CO. COMMON, PAR VALUE $1.00 (2,000 underlying) - Exercise/Conversion
CRANE CO. COMMON, PAR VALUE $1.00
2017-04-27$47.08/sh+2,000$94,160→ 2,350 total - Sale
CRANE CO. COMMON, PAR VALUE $1.00
2017-04-27$80.21/sh−2,000$160,423→ 350 total
Footnotes (3)
- [F1]Concurrent sale of shares resulting from an exercise of options granted on 4/18/2011 and expiring on 4/18/2021.
- [F2]Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $80.19 to $80.24. The reporting person undertakes to provide, upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F3]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 (04/18/2011).