Papanikolaou Marijane V. 4
4 · Crane Co · Filed Feb 12, 2025
Insider Transaction Report
Form 4
Crane CoCR
Papanikolaou Marijane V.
V.P., Controller & CAO
Transactions
- Award
Employee Stock Option (Right to Buy)
2025-02-10+652→ 652 totalExercise: $173.50Exp: 2035-02-10→ Common Stock (652 underlying) - Award
Restricted Share Unit
2025-02-10+288→ 2,214 total→ Common Stock (288 underlying) - Award
2025 Performance-Based RSU
2025-02-10+576→ 576 total→ Common Stock (576 underlying)
Footnotes (5)
- [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.