Lavish James A. 4
4 · CRANE CO /DE/ · Filed Feb 5, 2020
Insider Transaction Report
Form 4
Lavish James A.
VP, CBS, People & Performance
Transactions
- Exercise/Conversion
CRANE CO. COMMON, PAR VALUE $1.00
2020-02-04$43.57/sh+5,368$233,884→ 23,408 total - Sale
CRANE CO. COMMON, PAR VALUE $1.00
2020-02-04$88.52/sh−5,368$475,164→ 18,040 total - Sale
CRANE CO. COMMON, PAR VALUE $1.00
2020-02-04$88.55/sh−1,130$100,062→ 16,910 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2020-02-04−5,368→ 0 totalExercise: $43.57Exp: 2026-01-25→ CRANE CO. COMMON, PAR VALUE $1.00 (5,368 underlying)
Footnotes (3)
- [F1]Concurrent sale of shares resulting from an exercise of options granted on 1/25/2016 and expiring on 1/25/2026.
- [F2]Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $88.5114 to $88.55. 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 (01/25/2016).