SEC Form 4 · accession 0000025445-18-000141

Crane NXT, Co. · CXT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP, Business Development

Period of report

Nov 1, 2018

Accepted (ET)

Nov 2, 2018 · 4:43 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 $1.00	Nov 1, 2018	M	13,367	$48.59	A	34,863	D
CRANE CO. COMMON, PAR VALUE $1.00^F1,F2	Nov 1, 2018	S	13,367	$89.5255	D	21,496	D
CRANE CO. COMMON, PAR VALUE $1.00^F3	Nov 1, 2018	J	12	$0.00	A	439	I	401(K)

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (Right to Buy)^F4	$48.59	Nov 1, 2018	M	13,367	D	—	Jan 28, 2019	CRANE CO. COMMON, PAR VALUE $1.00	13,367	0	D

F1Mr. Salovaara exercised and sold 13,367 stock options granted to him on 1/28/2013 and set to expire 1/23/2019 priced at $48.59 and sold at a weighted average price of $89.5255.
F2Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $89.34 to $89.85. 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 October 31,2018, Mr. Salovaara acquired an aggregate of 12 shares of common stock at prevailing market prices through the issuer's 401(K) plan.
F4This option vested 25% on the first, 50% on the second, 75% on the third and 100% on the fourth anniversary of the grant date (01/28/2013).