CRANE CO /DE/ 4
4 · CRANE CO /DE/ · Filed Feb 25, 2015
Insider Transaction Report
Form 4
Tavares Robert
President, Electronics Group
Transactions
- Exercise/Conversion
CRANE CO. COMMON, PAR VALUE $1.00
2015-02-23$64.78/sh+2,575$166,809→ 9,200 total - Exercise/Conversion
CRANE CO. COMMON, PAR VALUE $1.00
2015-02-23$48.59/sh+2,839$137,947→ 6,625 total - Sale
CRANE CO. COMMON, PAR VALUE $1.00
2015-02-23$69.55/sh−2,575$179,081→ 6,625 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2015-02-23−2,839→ 5,678 totalExercise: $48.59Exp: 2019-01-28→ CRANE CO. COMMON, PAR VALUE $1.00 (2,839 underlying) - Sale
CRANE CO. COMMON, PAR VALUE $1.00
2015-02-23$69.57/sh−2,839$197,499→ 3,786 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2015-02-23−2,575→ 7,727 totalExercise: $64.78Exp: 2024-01-27→ CRANE CO. COMMON, PAR VALUE $1.00 (2,575 underlying)
Holdings
- 424(indirect: By 401(k))
CRANE CO. COMMON, PAR VALUE $1.00
Footnotes (5)
- [F1]Sale of shares resulting from an exercise of options granted on 1/27/14 and expiring on 1/27/24.
- [F2]Concurrent sale of shares resulting from an exercise of options granted on 1/28/13 and expiring on 1/28/19.
- [F3]Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $69.55 to $69.59. 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.
- [F4]This option vested 25% on the first anniversary of the grant date (01/27/2014).
- [F5]This option vested 25% on the first anniversary, and 50% on the second anniversary of the grant date (01/28/2013).