SEC Form 4 · accession 0001225208-16-027991

Crane NXT, Co. · CXT

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

Reporting owner

Director

Period of report

Feb 23, 2016

Accepted (ET)

Feb 24, 2016 · 5:35 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, 2016	M	2,000	$41.37	A	21,791	D
CRANE CO. COMMON, PAR VALUE $1.00	Feb 23, 2016	M	2,000	$18.87	A	23,791	D
CRANE CO. COMMON, PAR VALUE $1.00^F1,F2	Feb 23, 2016	S	4,000	$48.5868	D	19,791	D
CRANE CO. COMMON, PAR VALUE $1.00	holding	—	—		—	2,116	I	DRP
CRANE CO. COMMON, PAR VALUE $1.00	holding	—	—		—	5,130	I	IRA

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Director Stock Option(Right to Buy)^F3	$18.87	Feb 23, 2016	M	2,000	D	—	Apr 20, 2019	CRANE CO. COMMON, PAR VALUE $1.00	2,000	0	D
Director Stock Option(Right to Buy)^F4	$41.37	Feb 23, 2016	M	2,000	D	—	Apr 24, 2016	CRANE CO. COMMON, PAR VALUE $1.00	2,000	0	D

F1Concurrent sale of shares resulting from exercise of 2,000 options granted on 4/24/06 and expiring on 4/24/16, and 2,000 options granted on 4/20/09 and expiring on 4/20/19.
F2Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $48.5840 to $48.5870 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.
F3This option was granted 4/20/09 with a ten-year term, and vested 25% each year over four years.
F4This option was granted 4/24/06 and vested 50% on the first, 75% on the second and 100% on the third anniversary of the grant date.