SEC Form 4 · accession 0000025445-18-000132
Crane NXT, Co. · CXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley Ellis
Officer — Senior Vice President
Period of report
Aug 8, 2018
Accepted (ET)
Aug 9, 2018 · 6:48 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 8, 2018 | M | 10,833 | $48.59 | A | 164,937 | D | |
| CRANE CO. COMMON, PAR VALUE $1.00F2 | Aug 8, 2018 | S | 10,833 | $90.5281 | D | 154,104 | D | |
| CRANE CO. COMMON, PAR VALUE $1.00F3 | Aug 8, 2018 | J | 167 | $0.00 | A | 7,130 | I | 401(K) |
| CRANE CO. COMMON, PAR VALUE $1.00F4 | Aug 9, 2018 | M | 930 | $48.59 | A | 155,034 | D | |
| CRANE CO. COMMON, PAR VALUE $1.00 | Aug 9, 2018 | S | 930 | $90.50 | D | 154,104 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F5 | $48.59 | Aug 8, 2018 | M | 10,833 | D | — | Jan 28, 2019 | CRANE CO. COMMON, PAR VALUE $1.00 | 10,833 | 930 | D |
| Employee Stock Option (Right to Buy)F5 | $48.59 | Aug 9, 2018 | M | 930 | D | — | Jan 28, 2019 | CRANE CO. COMMON, PAR VALUE $1.00 | 930 | 0 | D |
Explanation of responses
- F1Mr. Ellis exercised options granted to him on 1/28/2013 and set to expire on 1/28/2019, resulting in him acquiring 10,833 shares of common stock which he sold contemporaneously in multiple same-day transactions.
- F2Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $90.50 to $90.66. 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.
- F3Between January 1, 2017 and July 31,2018, Mr. Ellis acquired an aggregate of 167 shares of common stock at prevailing market prices through the issuer's 401(K) plan.
- F4Mr. Ellis exercised options granted to him on 1/28/2013 and set to expire on 1/28/2019, resulting in him acquiring 930 shares of common stock which he sold for $90.50. After the sale, Mr. Ellis will have direct holdings of 154,104 shares of the issuer's common stock.
- F5This option expires on 1/28/2019.