4//SEC Filing
Bender David E 4
Accession 0001225208-12-002184
CIK 0000025445other
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 6:17 PM ET
Size
10.3 KB
Accession
0001225208-12-002184
Insider Transaction Report
Form 4
Bender David E
President, Electronics Group
Transactions
- Exercise/Conversion
CRANE CO. COMMON, PAR VALUE $1.00
2012-01-24+250→ 6,750 total - Tax Payment
CRANE CO. COMMON, PAR VALUE $1.00
2012-01-24$47.41/sh−77$3,651→ 6,673 total - Exercise/Conversion
Restricted Share Unit
2012-01-24−250→ 3,000 total→ CRANE CO. COMMON, PAR VALUE $1.00 (250 underlying)
Holdings
- 297(indirect: DRP)
CRANE CO. COMMON, PAR VALUE $1.00
- 1,070(indirect: By 401(k))
CRANE CO. COMMON, PAR VALUE $1.00
Footnotes (3)
- [F1]On January 24, 2012, 250 Restricted Share 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 77 shares were withheld to pay taxes on the resulting gain, resulting in a net increase of 173 shares of Crane Co. Common Stock.
- [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.
Documents
Issuer
CRANE CO /DE/
CIK 0000025445
Entity typeother
Related Parties
1- filerCIK 0001391376
Filing Metadata
- Form type
- 4
- Filed
- Jan 25, 7:00 PM ET
- Accepted
- Jan 26, 6:17 PM ET
- Size
- 10.3 KB