Form Type: 4

SEC EDGAR Link
Accession Number:0000025445-21-000128
Date:2021-08-02
Issuer: CRANE CO /DE/ (CR)
Original Submission Date:

Reporting Person:

GALLO KURT F.
100 FIRST STAMFORD PLACE
STAMFORD, CT 06902

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CRANE CO. COMMON, PAR VALUE $1.00 2021-08-02 M 5,000 a $43.57 5,000 direct
CRANE CO. COMMON, PAR VALUE $1.00 2021-08-02 S 5,000 d $98.01 0 direct
CRANE CO. COMMON, PAR VALUE $1.00 2021-08-02 0 $0.00 26,809 indirect
CRANE CO. COMMON, PAR VALUE $1.00 2021-08-02 0 $0.00 1,394 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 43.57 2021-08-02 deemed execution date M 5,000 (d) 2026-01-25 crane co. common, par value $1.00 5,000 $43.57 2,546 direct
Footnotes
IDfootnote
f1 mr. gallo exercised 5,000 stock options granted 1/25/2016 and set to expire 1/25/2026 priced at $43.57 and sold at a weighted average price of $98.01.
f2 weighted average price at which shares were sold at prices ranging from $98.00 to $98.06. 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.
f3 the options were granted 1/25/2016 with a ten-year term and vested 25% each year over four years.

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