Alejandro Alcala - Feb 10, 2025 Form 4 Insider Report for Crane Co (CR)

Role
Exec. V.P. & Chief Op. Officer
Signature
/s/ Attorney In Fact, Julie A. Constantinides
Stock symbol
CR
Transactions as of
Feb 10, 2025
Transactions value $
$0
Form type
4
Date filed
2/12/2025, 04:51 PM
Previous filing
Feb 11, 2025
Next filing
Feb 14, 2025
SEC
View on sec.gov

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 2025 Performance-Based RSU Award $0 +3.46K $0.00 3.46K Feb 10, 2025 Common Stock 3.46K Direct F1, F2
transaction CR Employee Stock Option (Right to Buy) Award $0 +3.91K $0.00 3.91K Feb 10, 2025 Common Stock 3.91K $173.50 Direct F3
transaction CR Restricted Share Unit Award $0 +1.73K +41.44% $0.00 5.9K Feb 10, 2025 Common Stock 1.73K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each 2025 Performance-Based RSU represents a contingent right to receive a number of shares of Crane Company common stock between zero and 2.00.
F2 2025 Performance-Based RSUs vest on December 31, 2027, if Crane Company's common stock achieves certain performance criteria for each fiscal year over the three years ending December 31, 2027, and contingent on continued employment with Crane Company, subject to certain exceptions.
F3 Options become exercisable 25% on the first anniversary, 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant.
F4 Restricted Share Units convert into common stock on a one-for-one basis.
F5 Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.