Maue Richard A Form 4 Crane / Richard A Maue ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Maue Richard A

(Last) (First) (Middle)

100 FIRST STAMFORD PLACE

(Street)

STAMFORD CT 06902-6784

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Crane Holdings, Co. [ CR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Exec. V.P & CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2023

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00	02/09/2023		M		6,650(1)	A	$79.14	89,304	D
CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00	02/09/2023		F		5,470	D	$118.25	83,834	D
CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00	02/09/2023		M		19,712(2)	A	$83.58	103,546	D
CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00	02/09/2023		F		16,611	D	$118.25	86,935	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$79.14	02/09/2023		M			6,650	(3)	01/28/2029	CRANE HOLDINGS, CO. COMMON, PAR VALUE $1.00	6,650	$0	0	D
Employee Stock Option (Right to Buy)	$83.58	02/09/2023		M			19,712	(4)	01/27/2030	CRANE CO. COMMON, PAR VALUE $1.00	19,712	$0	6,571	D

Explanation of Responses:

1. 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.

2. 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. The options were granted 1/28/2019 with a ten-year term and vested 25% each year over four years.

4. The options were granted 1/27/2020 with a ten-year term and vested 25% each year over four years.

Remarks:

	Attorney In Fact, Anthony M. D'Iorio	02/13/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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