CRANE CO /DE/ 4
4 · CRANE CO /DE/ · Filed Nov 13, 2006
Insider Transaction Report
Form 4
ATKINSON JOAN
V. P. , Controller
Transactions
- Exercise/Conversion
CRANE CO. COMMON, PAR VALUE $1.00
2006-11-08$33.31/sh+15,000$499,650→ 37,684 total - Sale
CRANE CO. COMMON, PAR VALUE $1.00
2006-11-08$39.52/sh−15,000$592,800→ 22,684 total - Other
CRANE CO. COMMON, PAR VALUE $1.00
2006-11-08+29→ 1,155 total(indirect: By 401(k)) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2006-11-08−15,000→ 5,000 totalExercise: $33.31Exp: 2010-04-26→ CRANE CO. COMMON, PAR VALUE $1.00 (15,000 underlying)
Footnotes (2)
- [F1]BETWEEN APRIL 30,2006 AND SEPTEMBER 30, 2006 THE REPORTING PERSON ACQUIRED AN AGGREGATE OF 29 SHARES OF COMMON STOCK AT PREVAILING MARKET PRICES THROUGH THE ISSUER'S 401(K) PLAN.
- [F2]THE OPTION VESTED 50% ON THE FIRST, 75% ON THE SECOND AND 100% ON THE THIRD ANNIVERSARY OF THE GRANT DATE (04/26/2004).