Form 4 for CXT Crane NXT, Co.
Accepted 2023-11-30 00:00:00 ET · period of report 2023-11-28 · accession 0000025445-23-000125 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-11-30 | 2023-11-28 | CXT | Saak Aaron W | CEO, Dir | F - Tax | $51.05 | -6,172 | 7,743 | -44% | -$315.1K |
| D | 2023-11-30 | 2023-11-28 | CXT | Saak Aaron W | CEO, Dir | M - OptEx | $0.00 | +13.9K | 13.9K | New | $0 |
| D | 2023-11-30 | 2023-11-28 | CXT | Saak Aaron W | CEO, Dir | M - OptEx | $0.00 | -13.9K | 64.0K | -18% | $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 | COMMON STOCK | 2023-11-28 | F | D | 6,172 | $51.05 | 7,743 | D | — | — | |
| 2 | Common | COMMON STOCK | 2023-11-28 | M | A | 13,915 | $0.00 | 13,915 | D | — | — | (F1) Represents vesting of 13,915 previously reported Restricted Share Units. (F2) Pursuant to the terms of the spin-off of Crane Company from the issuer on April 3, 2023 (the "Separation"), the number of shares underlying all Restricted Share Unit awards issued by the issuer that were held by then employees of the issuer, including the reporting person, and outstanding immediately prior to the consummation of the Separation, were adjusted. The adjustment was intended to maintain the intrinsic value of the Restricted Share Unit awards of the issuer immediately before and after the consummation of the Separation. This number of Restricted Share Units reported here reflects such adjustment. |
| 3 | Derivative | Restricted Share Unit | 2023-11-28 | M | D | 13,915 | $0.00 | 64,006 | D | — · — to — | 13,915 COMMON STOCK | (F3) Restricted Share Units convert into common stock on a one-for-one basis. (F4) Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the date of grant. |