MAX H. MITCHELL - 09 Feb 2024 Form 4 Insider Report for Crane NXT, Co. (CXT)

Role
Director
Signature
/s/ Paul G. Igoe, Attorney-in-Fact
Issuer symbol
CXT
Transactions as of
09 Feb 2024
Transactions value $
-$1,940,285
Form type
4
Filing time
13 Feb 2024, 16:22:52 UTC
Previous filing
08 Feb 2024
Next filing
14 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXT COMMON STOCK Options Exercise $0 +69.6K +21.27% $0.00 397K 09 Feb 2024 Direct F1
transaction CXT COMMON STOCK Tax liability -$1.94M -32.2K -8.13% $60.19 364K 09 Feb 2024 Direct
holding CXT COMMON STOCK 2.92K 09 Feb 2024 401(K)

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 CXT 2021 Performance-Based Restricted Share Unit Options Exercise $0 -35.7K -100% $0.00* 0 09 Feb 2024 COMMON STOCK 35.7K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each 2021 Performance-Based RSU represented a contingent right to receive a number of shares of issuer common stock between 0 and 2.0. On February 9, 2024, each Performance-Based RSU was converted to 1.949 shares of common stock based on actual performance of the issuer's common stock during the three-year performance period ended December 31, 2023.