SEC Form 4 · accession 0000025445-17-000124
Crane NXT, Co. · CXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
E Thayer Bigelow
Director
Period of report
Aug 28, 2017
Accepted (ET)
Aug 29, 2017 · 5:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000025445
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CRANE CO. COMMON, PAR VALUE $1.00F1 | Aug 28, 2017 | M | 2,000 | $36.26 | A | 21,791 | I | By E.T. Bigelow, Jr. Revocable Trust |
| CRANE CO. COMMON, PAR VALUE $1.00F1 | Aug 28, 2017 | M | 2,000 | $47.08 | A | 23,791 | I | By E.T. Bigelow, Jr. Revocable Trust |
| CRANE CO. COMMON, PAR VALUE $1.00F1 | Aug 28, 2017 | M | 2,000 | $46.99 | A | 25,791 | I | By E.T. Bigelow, Jr. Revocable Trust |
| CRANE CO. COMMON, PAR VALUE $1.00F2,F1 | Aug 28, 2017 | S | 6,000 | $73.7306 | D | 19,791 | I | By E.T. Bigelow, Jr. Revocable Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option(Right to Buy)F1,F3 | $36.26 | Aug 28, 2017 | M | 2,000 | D | — | Apr 19, 2020 | CRANE CO. COMMON, PAR VALUE $1.00 | 2,000 | 0 | I |
| Director Stock Option(Right to Buy)F1,F4 | $47.08 | Aug 28, 2017 | M | 2,000 | D | — | Apr 18, 2021 | CRANE CO. COMMON, PAR VALUE $1.00 | 2,000 | 0 | I |
| Director Stock Option(Right to Buy)F1,F5 | $46.99 | Aug 28, 2017 | M | 2,000 | D | — | Apr 23, 2022 | CRANE CO. COMMON, PAR VALUE $1.00 | 2,000 | 0 | I |
Explanation of responses
- F1On March 13, 2017 these options were transferred by Mr. Bigelow to a revocable trust of which he is trustee.
- F2Concurrent sale of shares resulting from an exercise of options granted on 4/19/2010 and expiring on 4/19/2020, exercise of options granted on 4/18/2011 and expiring on 4/18/2021, and exercise of options granted on 4/23/2012 and expiring on 4/23/2022.
- F3This option was granted 4/19/2010 with a ten-year term, and vested 25% each year over four years.
- F4This option was granted 4/18/2011 with a ten-year term, and vested 25% each year over four years.
- F5This option was granted 4/23/2012 with a ten-year term, and vested 25% each year over four years.