4//SEC Filing
Grisham Scott A. 4
Accession 0000025445-22-000053
CIK 0000025445other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 6:06 PM ET
Size
10.3 KB
Accession
0000025445-22-000053
Insider Transaction Report
Form 4
Grisham Scott A.
SVP Bus. Dev. & Strategy
Transactions
- Award
2022 Performance-Based Restricted Share Unit
2022-02-07+1,966→ 1,966 total→ CRANE CO. COMMON, PAR VALUE $1.00 (1,966 underlying) - Award
Employee Stock Option (Right to Buy)
2022-02-07+3,076→ 3,076 totalExercise: $101.72Exp: 2032-02-07→ CRANE CO. COMMON, PAR VALUE $1.00 (3,076 underlying) - Award
Restricted Share Unit
2022-02-07+983→ 5,178 total→ CRANE CO. COMMON, PAR VALUE $1.00 (983 underlying)
Footnotes (6)
- [F1]Each 2022 Performance-Based RSU represents a contingent right to receive a number of shares of Crane Co. common stock between zero and 2.00.
- [F2]2022 Performance-Based RSUs vest on December 31, 2024, if Crane Co.'s common stock achieves certain performance criteria for each fiscal year over the three years ending December 31, 2024, and contingent on continued employment with Crane Co., subject to certain exceptions.
- [F3]Options become exercisable 25% on the first anniversary, 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant.
- [F4]Restricted Share Units convert into common stock on a one-for-one basis.
- [F5]Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.
- [F6]Restricted Share Units are forfeited if the recipient resigns, or employment is terminated, before it has been converted to Common Stock.
Documents
Issuer
CRANE CO /DE/
CIK 0000025445
Entity typeother
Related Parties
1- filerCIK 0001858223
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 6:06 PM ET
- Size
- 10.3 KB