| | | | | | | | | | | | | | | | | | | | | | |
Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 4/27/20 |
| Not Subject to Section 16: 1 |
| Issuer: |
| Issuer CIK: 25445 |
| Issuer Name: CRANE CO /DE/ |
| Issuer Trading Symbol: CR |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1101017 |
| | Owner Name: EVANS ROBERT S |
| Reporting Owner Address: |
| | Owner Street 1: 100 FIRST STAMFORD PLACE |
| | Owner Street 2: |
| | Owner City: STAMFORD |
| | Owner State: CT |
| | Owner ZIP Code: 06902-6784 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: |
| | Other Text: |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: CRANE CO. COMMON, PAR VALUE $1.00 |
| | Transaction Date: |
| | | Value: 4/27/20 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 27,506 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 426,890 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Deferred Stock Units |
| | Conversion or Exercise Price: |
| | | Footnote ID: F2 |
| | Transaction Date: |
| | | Value: 4/27/20 |
| | | Footnote ID: F3 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 0 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F4 |
| | Expiration Date: |
| | | Footnote ID: F4 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: CRANE CO. COMMON, PAR VALUE $1.00 |
| | | Underlying Security Shares: |
| Value: 548.0 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 26,625 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: 881 of these shares were granted as part of the reporting person's election to receive 100% of his annual cash retainer for board services in shares of Crane Co. common stock. 24,455 of these shares represent the conversion of the reporting person's DSU awards to shares as a result of his retirement from the board on 4/27/20, and the remaining 2,170 shares represent dividends on DSU awards, which the reporting person has elected to receive in shares of Crane Co. common stock. |
| Footnote - F2: Each Deferred Stock Unit represents the right to receive one share of Crane Co. common stock upon separation from service on the Board of Directors. |
| Footnote - F3: These Deferred Stock Units are granted to coincide with payment of dividends on Crane Co. Stock. |
| Footnote - F4: Following his retirement from service on the Board of Directors on 4/27/20, the entirety of the reporting person's DSUs, including this award, were converted to shares of Crane Co. common stock as disclosed on Table I. |
| Remarks: |
| Owner Signature: |
| Signature Name: Attorney In Fact, Anthony M. D'Iorio |
| Signature Date: 4/29/20 |
