SEC Form 4 · accession 0001225208-16-042224
Crane NXT, Co. · CXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
A D Pantaleoni
Officer — VP Envir. Health & Safety
Period of report
Nov 21, 2016
Accepted (ET)
Nov 23, 2016 · 4:52 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 | Nov 21, 2016 | M | 5,000 | $50.03 | A | 9,876 | D | |
| CRANE CO. COMMON, PAR VALUE $1.00F1,F2 | Nov 21, 2016 | S | 5,000 | $74.292 | D | 4,876 | D | |
| CRANE CO. COMMON, PAR VALUE $1.00 | holding | — | — | — | 17,099 | I | 401(K) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $50.03 | Nov 21, 2016 | M | 5,000 | D | — | Jan 23, 2018 | CRANE CO. COMMON, PAR VALUE $1.00 | 5,000 | 0 | D |
Explanation of responses
- F1Simultaneous sale of shares resulting from an exercise of options.
- F2Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $74.19 to $74.40. 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 vested 25% on the first, 50% on the second, 75% on the third and 100% on the fourth anniversary of the grant date (01/23/2012).