KRAWITT ANDREW L 4
4 · CRANE CO /DE/ · Filed May 16, 2013
Insider Transaction Report
Form 4
KRAWITT ANDREW L
Vice President, Treasurer
Transactions
- Sale
CRANE CO. COMMON, PAR VALUE $1.00
2013-05-15$59.75/sh−4,500$268,862→ 10,862 total - Exercise/Conversion
CRANE CO. COMMON, PAR VALUE $1.00
2013-05-15$50.03/sh+4,500$225,135→ 15,362 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2013-05-15−4,500→ 13,500 totalExercise: $50.03Exp: 2018-01-23→ CRANE CO. COMMON, PAR VALUE $1.00 (4,500 underlying)
Holdings
- 5,185(indirect: By 401(k))
CRANE CO. COMMON, PAR VALUE $1.00
Footnotes (3)
- [F1]Concurrent sale of shares resulting from an exercise of options granted on 1/23/12 and expiring on 1/23/18.
- [F2]Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $59.16 to $59.98. The reporting person undertakes to provide, upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F3]This option vested 25% on the first anniversary of the grant date (01/23/2012). The remaining 75% will vest on the second, third and fourth anniversary of the grant date.