4//SEC Filing
NOONAN THOMAS MICHAEL 4
Accession 0001225208-10-002537
CIK 0000025445other
Filed
Jan 27, 7:00 PM ET
Accepted
Jan 28, 8:59 PM ET
Size
10.6 KB
Accession
0001225208-10-002537
Insider Transaction Report
Form 4
NOONAN THOMAS MICHAEL
Vice President - Taxes
Transactions
- Tax Payment
Restricted Stock Units
2010-01-26$30.45/sh−500$15,225→ 3,500 totalExercise: $0.00→ CRANE CO. COMMON, PAR VALUE $1.00 (500 underlying) - Tax Payment
CRANE CO. COMMON, PAR VALUE $1.00
2010-01-26+500→ 65,339 total - Tax Payment
CRANE CO. COMMON, PAR VALUE $1.00
2010-01-26$30.45/sh−189$5,755→ 65,150 total
Holdings
- 3,738(indirect: By 401(k))
CRANE CO. COMMON, PAR VALUE $1.00
- 3,300(indirect: By Spouse)
CRANE CO. COMMON, PAR VALUE $1.00
Footnotes (3)
- [F1]On January 26, 2010, 500 Restricted Stock Units, which represent the right to receive one share of Crane Co. Common Stock, previously reported as beneficially owned by the reporting person vested due to the passage of time, and 189 Restricted Stock Units were withheld to pay taxes on the Restricted Stock Units, resulting in a net gain of 311 shares of Crane Co. Common Stock.
- [F2]25% of the Restricted Stock Units will be converted into shares of Common Stock on each of the first, second, third and fourth anniversaries of the grant, provided the recipient remains employed by the Company; all Restricted Stock Units will be converted into shares of Common Stock upon retirement, death, permanent disability, or in the event of a change in control of the Company.
- [F3]A Restricted Stock Unit is forfeited if the recipient ceases to be employed by the Company before it has been converted to Common Stock.
Documents
Issuer
CRANE CO /DE/
CIK 0000025445
Entity typeother
Related Parties
1- filerCIK 0001234628
Filing Metadata
- Form type
- 4
- Filed
- Jan 27, 7:00 PM ET
- Accepted
- Jan 28, 8:59 PM ET
- Size
- 10.6 KB