4//SEC Filing
DUPONT AUGUSTUS I 4
Accession 0000025445-18-000026
CIK 0000025445other
Filed
Jan 29, 7:00 PM ET
Accepted
Jan 30, 6:06 PM ET
Size
9.1 KB
Accession
0000025445-18-000026
Insider Transaction Report
Form 4
DUPONT AUGUSTUS I
V.P., Gen. Couns. & Sec.
Transactions
- Exercise/Conversion
Restricted Share Unit
2018-01-27−327→ 2,461 total→ CRANE CO. COMMON, PAR VALUE $1.00 (327 underlying) - Exercise/Conversion
CRANE CO. COMMON, PAR VALUE $1.00
2018-01-27+327→ 81,123 total - Tax Payment
CRANE CO. COMMON, PAR VALUE $1.00
2018-01-27$93.40/sh−119$11,115→ 81,004 total
Footnotes (3)
- [F1]On January 27, 2018, 327 Restricted Share Units, which represent the right to receive one share of Crane Co. Common Stock, previously reported as beneficially owned by the reporting person, vested due to the passage of time, and 119 shares were withheld to pay taxes on the resulting gain, resulting in a net issuance of 208 shares of Crane Co. Common Stock.
- [F2]25% of the Restricted Share Units granted will be converted into shares of Common Stock on each of the first, second, third and fourth anniversaries of the grant date (January 27, 2014), provided the recipient remains employed by the Company, or retires after age 65, or after age 62 with ten years of service; all Restricted Share Units will be converted into shares of Common Stock upon death or permanent disability, or if employment is involuntarily terminated within two years after a change in control of the Company.
- [F3]A Restricted Share Unit is forfeited if the recipient ceases to be employed by the Company before it has been converted to Common Stock.
Documents
Issuer
CRANE CO /DE/
CIK 0000025445
Entity typeother
Related Parties
1- filerCIK 0001230643
Filing Metadata
- Form type
- 4
- Filed
- Jan 29, 7:00 PM ET
- Accepted
- Jan 30, 6:06 PM ET
- Size
- 9.1 KB