4//SEC Filing
SALOVAARA KRISTIAN ROBERT 4
Accession 0000025445-20-000095
CIK 0000025445other
Filed
Aug 26, 8:00 PM ET
Accepted
Aug 27, 5:10 PM ET
Size
10.5 KB
Accession
0000025445-20-000095
Insider Transaction Report
Form 4
SALOVAARA KRISTIAN ROBERT
VP, Business Development
Transactions
- Award
CRANE CO. COMMON, PAR VALUE $1.00
2020-08-26+17→ 456 total(indirect: By 401(k)) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2020-08-26−26,840→ 0 totalExercise: $43.57Exp: 2026-01-25→ CRANE CO. COMMON, PAR VALUE $1.00 (26,840 underlying) - Exercise/Conversion
CRANE CO. COMMON, PAR VALUE $1.00
2020-08-26$43.57/sh+26,840$1,169,419→ 54,437 total - Sale
CRANE CO. COMMON, PAR VALUE $1.00
2020-08-26$57.81/sh−22,575$1,305,011→ 31,862 total
Footnotes (4)
- [F1]Mr. Salovaara exercised 26,840 stock options granted 01/25/2016 and set to expire 1/25/2026 priced at $43.57 and sold 22,575 at a weighted average price of $57.8078.
- [F2]Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $57.65 to $58.06. 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 1, 2019 and August 25, 2020, Mr. Salovaara acquired an aggregate of 17 shares of common stock at prevailing market prices through the issuer's 401(K) plan.
- [F4]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).
Documents
Issuer
CRANE CO /DE/
CIK 0000025445
Entity typeother
Related Parties
1- filerCIK 0001373822
Filing Metadata
- Form type
- 4
- Filed
- Aug 26, 8:00 PM ET
- Accepted
- Aug 27, 5:10 PM ET
- Size
- 10.5 KB