SEC Form 4 · accession 0001225208-15-012885

Crane NXT, Co. · CXT

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

Reporting owner

Officer — VP, Business Development

Period of report

May 23, 2015

Accepted (ET)

May 27, 2015 · 5:41 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^F1	May 23, 2015	M	500	$0.00	A	2,340	D
CRANE CO. COMMON, PAR VALUE $1.00^F1	May 23, 2015	F	212	$61.14	D	2,128	D
CRANE CO. COMMON, PAR VALUE $1.00^F2	May 23, 2015	J	123	$0.00	A	410	I	401(K)

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Share Unit^F1,F3,F4	—	May 23, 2015	M	500	D	—	—	CRANE CO. COMMON, PAR VALUE $1.00	500	5,176	D

F1On May 23, 2015, 500 Restricted Share Units, which represent the right to receive one share of Crane Co. Common Stock, previously reported as beneficially owned by the reporting person, vested due to the passage of time, and 212 shares were withheld to pay taxes on the resulting gain, resulting in a net issuance of 288 shares of Crane Co. Common Stock.
F2Between April 1, 2014 and March 31, 2015, the reporting person acquired an aggregate of 123 shares of common stock at prevailing market prices through the issuer's 401(K) Plan.
F325% of the Restricted Share Units granted will be converted into shares of Common Stock on each of the first, second, third and fourth anniversaries of the grant date (May 23, 2011), provided the recipient remains employed by the Company; all Restricted Share Units will be converted into shares of Common Stock upon retirement, death, permanent disability, or in the event of a change in control of the Company.
F4A Restricted Share Unit is forfeited if the recipient ceases to be employed by the Company before it has been converted to Common Stock.