Curran Brendan 4
4 · CRANE CO /DE/ · Filed Aug 8, 2018
Insider Transaction Report
Form 4
Curran Brendan
Group President, Aerospace
Transactions
- Exercise/Conversion
CRANE CO. COMMON, PAR VALUE $1.00
2018-08-06$43.57/sh+3,000$130,710→ 14,346 total - Other
CRANE CO. COMMON, PAR VALUE $1.00
2018-08-06+7→ 347 total(indirect: By 401(k)) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2018-08-06−3,000→ 21,157 totalExercise: $43.57Exp: 2026-01-25→ CRANE CO. COMMON, PAR VALUE $1.00 (3,000 underlying) - Sale
CRANE CO. COMMON, PAR VALUE $1.00
2018-08-06$89.78/sh−3,000$269,337→ 11,346 total
Footnotes (4)
- [F1]Mr. Curran exercised options granted to him on 1/25/2016, resulting in him acquiring 3,000 shares of common stock which he sold contemporaneously in multiple same-day transactions. After this sale, Mr. Curran will have holdings of 11,693 shares of the issuer's common stock.
- [F2]Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $89.59 to $90.06. 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]Between January 31, 2017 and July 31, 2018, Mr. Curran acquired an aggregate of 7 shares of common stock at prevailing market prices through the issuer's 401(K) plan.
- [F4]This option vested 50% on the second anniversary of the grant date (1/25/2016). The remaining 50% will vest on the third and fourth anniversary of the grant date.