SEC Form 4 · accession 0001225208-15-005803

Crane NXT, Co. · CXT

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

Reporting owner

Officer — Group President, Electronics

Period of report

Feb 23, 2015

Accepted (ET)

Feb 25, 2015 · 5:26 pm EST

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	Feb 23, 2015	M	2,839	$48.59	A	6,625	D
CRANE CO. COMMON, PAR VALUE $1.00	Feb 23, 2015	M	2,575	$64.78	A	9,200	D
CRANE CO. COMMON, PAR VALUE $1.00^F1	Feb 23, 2015	S	2,575	$69.546	D	6,625	D
CRANE CO. COMMON, PAR VALUE $1.00^F2,F3	Feb 23, 2015	S	2,839	$69.5664	D	3,786	D
CRANE CO. COMMON, PAR VALUE $1.00	holding	—	—		—	424	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	$64.78	Feb 23, 2015	M	2,575	D	—	Jan 27, 2024	CRANE CO. COMMON, PAR VALUE $1.00	2,575	7,727	D
Employee Stock Option (Right to Buy)^F5	$48.59	Feb 23, 2015	M	2,839	D	—	Jan 28, 2019	CRANE CO. COMMON, PAR VALUE $1.00	2,839	5,678	D

F1Sale of shares resulting from an exercise of options granted on 1/27/14 and expiring on 1/27/24.
F2Concurrent sale of shares resulting from an exercise of options granted on 1/28/13 and expiring on 1/28/19.
F3Weighted 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.
F4This option vested 25% on the first anniversary of the grant date (01/27/2014).
F5This option vested 25% on the first anniversary, and 50% on the second anniversary of the grant date (01/28/2013).

Mr. Tavares resigned as of February 20, 2015.