CRANE CO /DE/ 4
4 · CRANE CO /DE/ · Filed Nov 1, 2016
Insider Transaction Report
Form 4
LOCHNER PHILIP R
Director
Transactions
- Sale
CRANE CO. COMMON, PAR VALUE $1.00
2016-11-01$68.26/sh−2,000$136,515→ 350 total - Exercise/Conversion
CRANE CO. COMMON, PAR VALUE $1.00
2016-11-01$46.99/sh+2,000$93,980→ 2,350 total - Exercise/Conversion
Director Stock Option(Right to Buy)
2016-11-01−2,000→ 0 totalExercise: $46.99Exp: 2022-04-23→ CRANE CO. COMMON, PAR VALUE $1.00 (2,000 underlying)
Footnotes (3)
- [F1]Concurrent sale of shares resulting from an exercise of options granted on 4/23/2012 and expiring on 4/23/2022.
- [F2]Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $68.23 to $68.29. 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, 50% on the second, 75% on the third and 100% on the fourth anniversary of the grant date (04/23/2012).