Richard A. Maue - Jan 27, 2024 Form 4 Insider Report for Crane Co (CR)

Role
Exec. V.P & CFO
Signature
Attorney In Fact, Anthony M. D'Iorio
Stock symbol
CR
Transactions as of
Jan 27, 2024
Transactions value $
-$772,094
Form type
4
Date filed
1/31/2024, 05:02 PM
Previous filing
Jan 29, 2024
Next filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CR Common Stock Options Exercise $0 +539 +0.8% $0.00 68.1K Jan 27, 2024 Direct F1
transaction CR Common Stock Tax liability -$28.4K -250 -0.37% $113.61 67.8K Jan 27, 2024 Direct
transaction CR Common Stock Options Exercise $0 +14.1K +20.82% $0.00 82K Jan 29, 2024 Direct
transaction CR Common Stock Tax liability -$744K -6.55K -7.99% $113.61 75.4K Jan 29, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CR Restricted Share Unit Options Exercise $0 -539 -8.11% $0.00 6.11K Jan 27, 2024 Common Stock 539 Direct F2, F3
transaction CR 2021 Performance-Based Restricted Share Unit Options Exercise $0 -7.95K -100% $0.00* 0 Jan 29, 2024 Common Stock 7.95K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents vesting of 539 previously reported Restricted Share Units.
F2 Restricted Share Units convert into common stock on a one-for-one basis.
F3 Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.
F4 Each 2021 Performance-Based RSU represented a contingent right to receive a number of shares of Crane Company common stock between 0 and 2.0. On January 29, 2024, each Performance-Based RSU was converted to the right to receive 1.776 shares of common stock.