4//SEC Filing
KRAWITT ANDREW L 4
Accession 0001225208-13-002555
CIK 0000025445other
Filed
Jan 29, 7:00 PM ET
Accepted
Jan 30, 8:39 PM ET
Size
10.5 KB
Accession
0001225208-13-002555
Insider Transaction Report
Form 4
KRAWITT ANDREW L
Vice President, Treasurer
Transactions
- Exercise/Conversion
CRANE CO. COMMON, PAR VALUE $1.00
2013-01-26+500→ 11,081 total - Other
CRANE CO. COMMON, PAR VALUE $1.00
2013-01-28+718→ 5,185 total(indirect: By 401(k)) - Tax Payment
CRANE CO. COMMON, PAR VALUE $1.00
2013-01-26$48.59/sh−219$10,641→ 10,862 total - Exercise/Conversion
Restricted Share Unit
2013-01-26−500→ 2,250 total→ CRANE CO. COMMON, PAR VALUE $1.00 (500 underlying)
Footnotes (4)
- [F1]On January 26, 2013, 500 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 219 shares were withheld to pay taxes on the resulting gain, resulting in a net increase of 281 shares of Crane Co. Common Stock.
- [F2]Between January 1, 2012 and December 31, 2012, the reporting person acquired an aggregate of 718 shares of Common Stock at prevailing market prices through the issuer's 401(K) Plan.
- [F3]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.
- [F4]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 0001375072
Filing Metadata
- Form type
- 4
- Filed
- Jan 29, 7:00 PM ET
- Accepted
- Jan 30, 8:39 PM ET
- Size
- 10.5 KB