SEC Form 4 · accession 0001225208-16-038368
Crane NXT, Co. · CXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
E Thayer Bigelow
Director
Period of report
Aug 24, 2016
Accepted (ET)
Aug 25, 2016 · 4:59 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 | Aug 24, 2016 | M | 2,000 | $43.49 | A | 21,791 | D | |
| CRANE CO. COMMON, PAR VALUE $1.00 | Aug 24, 2016 | M | 2,000 | $41.71 | A | 23,791 | D | |
| CRANE CO. COMMON, PAR VALUE $1.00F1 | Aug 24, 2016 | S | 4,000 | $64.963 | 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 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option(Right to Buy)F2 | $43.49 | Aug 24, 2016 | M | 2,000 | D | — | Apr 21, 2018 | CRANE CO. COMMON, PAR VALUE $1.00 | 2,000 | 0 | D |
| Director Stock Option(Right to Buy)F3 | $41.71 | Aug 24, 2016 | M | 2,000 | D | — | Apr 23, 2017 | CRANE CO. COMMON, PAR VALUE $1.00 | 2,000 | 0 | D |
Explanation of responses
- F1Concurrent sale of shares resulting from an exercise of options granted on 4/23/2007 and expiring on 4/23/2017 and exercise of options granted on 4/21/2008 and expiring on 4/21/2018.
- F2This option was granted 4/21/2008 with a ten-year term, and vested 25% each year over four years.
- F3This option was granted 4/23/2007 with a ten-year term, and vested 25% each year over four years.