QUEENAN JR CHARLES J 4
4 · CRANE CO /DE/ · Filed Apr 21, 2010
Insider Transaction Report
Form 4
QUEENAN JR CHARLES J
Director
Transactions
- Other
CRANE CO. COMMON, PAR VALUE $1.00
2010-04-19+691→ 7,610 total(indirect: DRP) - Award
Deferred Stock Units
2010-04-19+111→ 4,973 total→ CRANE CO. COMMON, PAR VALUE $1.00 (111 underlying) - Award
Deferred Stock Units
2010-04-19+1,034→ 4,862 total→ CRANE CO. COMMON, PAR VALUE $1.00 (1,034 underlying)
Holdings
- 23,314
CRANE CO. COMMON, PAR VALUE $1.00
Footnotes (4)
- [F1]Between April 1, 2009 and February 28, 2010, the reporting person acquired an aggregate of 691 shares of common stock at prevailing market prices through the issuer's Dividend Reinvestment Plan.
- [F2]Each Deferred Stock Unit represents the right to receive one share of Crane Co. common stock upon separation from service on the Board of Directors.
- [F3]Following separation from service on the Board of Directors, the Director will receive one share of Crane Co. common stock for each Deferred Stock Unit; however, if the Director's service terminates before the first anniversary of the Grant, except for reasons of death, or a change in control of Crane Co., then the right to receive such shares will expire.
- [F4]Additional Deferred Stock Units are granted during the year to coincide with payment of dividends on Crane Co. Stock.