ROMITO MICHAEL A 4
4 · CRANE CO /DE/ · Filed Jan 27, 2011
Insider Transaction Report
Form 4
ROMITO MICHAEL A
Pres., Crane Aerospace Group
Transactions
- Tax Payment
CRANE CO. COMMON, PAR VALUE $1.00
2011-01-25+1,000→ 6,000 total - Tax Payment
Restricted Stock Units
2011-01-25−1,000→ 4,000 total→ CRANE CO. COMMON, PAR VALUE $1.00 (1,000 underlying)
Holdings
- 257(indirect: By 401(k))
CRANE CO. COMMON, PAR VALUE $1.00
Footnotes (3)
- [F1]On January 25, 2011, 1,000 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.
- [F2]25% of the Restricted Share 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 Share 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 Share Unit is forfeited if the recipient ceases to be employed by the Company before it has been converted to Common Stock.