Form 4 for CXT Crane NXT, Co.
Accepted 2023-02-13 00:00:00 ET · period of report 2023-02-09 · accession 0000025445-23-000064 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-02-13 | 2023-02-09 | CXT | Maue Richard A | EVP, CFO | F - Tax | $118.25 | -22.1K | 83.8K | -21% | -$2.61M |
| DM | 2023-02-13 | 2023-02-09 | CXT | Maue Richard A | EVP, CFO | M - OptEx | $82.46 | +26.4K | 89.3K | +42% | +$2.17M |
| DM | 2023-02-13 | 2023-02-09 | CXT | Maue Richard A | EVP, CFO | M - OptEx | $0.00 | -26.4K | 6,571 | -80% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | 2023-02-09 | F | D | 16,611 | $118.25 | 86,935 | D | — | — | |
| 2 | Common | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | 2023-02-09 | M | A | 19,712 | $83.58 | 103,546 | D | — | — | (F2) Mr. Maue exercised 19,712 stock options, priced at $83.58 and due to expire 1/27/2030, at a market price of $118.25. The resulting after-tax gain was taken in the form of 3,101 shares of Crane Holdings, Co. Common Stock, resulting in a net increase in Mr. Maue's direct holding by that amount, to 86,935 shares. Mr. Maue tendered 13,933 shares of previously owned stock to pay the exercise price of the option, and 2,678 shares were withheld to pay taxes on the resulting gain. |
| 3 | Common | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | 2023-02-09 | M | A | 6,650 | $79.14 | 89,304 | D | — | — | (F1) Mr. Maue exercised 6,650 stock options, priced at $79.14 and due to expire 1/28/2029, at a market price of $118.25. The resulting after-tax gain was taken in the form of 1,180 shares of Crane Holdings, Co. Common Stock, resulting in a net increase in Mr. Maue's direct holding by that amount, to 83,834 shares. Mr. Maue tendered 4,451 shares of previously owned stock to pay the exercise price of the option, and 1,019 shares were withheld to pay taxes on the resulting gain. |
| 4 | Common | CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | 2023-02-09 | F | D | 5,470 | $118.25 | 83,834 | D | — | — | |
| 5 | Derivative | Employee Stock Option (Right to Buy) | 2023-02-09 | M | D | 6,650 | $0.00 | 0 | D | $79.14 · — to 2029-01-28 | 6,650 CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00 | (F3) The options were granted 1/28/2019 with a ten-year term and vested 25% each year over four years. |
| 6 | Derivative | Employee Stock Option (Right to Buy) | 2023-02-09 | M | D | 19,712 | $0.00 | 6,571 | D | $83.58 · — to 2030-01-27 | 19,712 CRANE CO. COMMON, PAR VALUE $1.00 | (F4) The options were granted 1/27/2020 with a ten-year term and vested 25% each year over four years. |