3 results
DEF 14A
CR
Crane Co
7 Mar 24
Definitive proxy
5:02pm
We believe that compensation should be directly linked to performance and highly correlated to stockholder value. The principles that guide us as we make decisions involving executive compensation are that compensation should be:
1 | Based on performance: overall performance of Crane Company performance of the executive’s business unit, as applicable individual performance of the executive | 2 | Aligned with the annual operating plan and longer term strategic plans and objectives to build sustainable value for stockholders | 3 | Competitive given relevant and appropriate market conditions in order to attract and retain highly qualified executives | 4 | Consistent with high standards of corporate governance and designed to avoid encouraging executives to take risks that are reasonably likely to have a material adverse effect on the Company or to behave in ways that are inconsistent with the Company’s objectives, values, and standards of behavior | |||||||||||||||
DEF 14A
CR
Crane Co
7 Mar 24
Definitive proxy
5:02pm
2023 Executive Compensation Tables
Option Awards | Stock Awards | |||||||||||||||||||||||||||||||||||||
Name | Number of Securities Underlying Unexercised Options (#) Exercisable | Number of Securities Underlying Unexercised Options (#) Unexercisable(1) | Option Exercise Price ($) | Option Expiration Date | Number of Shares or Units of Stock That Have Not Vested (#)(2) | Market Value of Shares or Units of Stock That Have Not Vested ($)(3) | Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#)(4) | Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($)(3) | ||||||||||||||||||||||||||||||
A. A. Alcala | Crane Company | 2,293 | — | 30.26 | 1/25/2026 | 4,081 | 482,129 | 19,927 | 2,354,176 | |||||||||||||||||||||||||||||
12,134 | — | 51.32 | 1/30/2027 | — | — | — | — | |||||||||||||||||||||||||||||||
8,657 | — | 64.86 | 1/29/2028 | — | — | — | — | |||||||||||||||||||||||||||||||
11,083 | — | 54.96 | 1/28/2029 | — | — | — | — | |||||||||||||||||||||||||||||||
9,855 | 3,286 | (5) | 58.05 | 1/27/2030 | — | — | — | — | ||||||||||||||||||||||||||||||
3,602 | 3,603 | (6) | 54.58 | 1/25/2031 | — | — | — | — | ||||||||||||||||||||||||||||||
1,345 | 4,038 | (7) | 70.64 | 2/7/2032 | — | — | — | — | ||||||||||||||||||||||||||||||
— | 4,415 | (8) | 83.14 | 2/6/2033 | — | — | — | — | ||||||||||||||||||||||||||||||
Crane NXT, Co. | — | 3,286 | (5) | 31.38 | 1/27/2030 | 4,081 | 232,086 | 20,587 | 1,170,783 | |||||||||||||||||||||||||||||
— | 3,603 | (6) | 29.50 | 1/25/2031 | — | — | — | — | ||||||||||||||||||||||||||||||
1,345 | 4,038 | (7) | 38.19 | 2/7/2032 | — | — | — | — | ||||||||||||||||||||||||||||||
— | 4,415 | (8) | 44.94 | 2/6/2033 | — | — | — | — | ||||||||||||||||||||||||||||||
T. S. Polmanteer | Crane Company | 1,153 | 3,461 | (7) | 70.64 | 2/7/2032 | 4,982 | 588,573 | 10,910 | 1,288,907 | ||||||||||||||||||||||||||||
— | 3,532 | (8) | 83.14 | 2/6/2033 | — | — | — | — | ||||||||||||||||||||||||||||||
Crane NXT, Co. | 1,153 | 3,461 | (7) | 38.19 | 2/7/2032 | 4,982 | 283,326 | 10,910 | 620,452 | |||||||||||||||||||||||||||||
— | 3,532 | (8) | 44.94 | 2/6/2033 | — | — | — | — |
DEF 14A
CR
Crane Co
7 Mar 24
Definitive proxy
5:02pm
2023 Executive Compensation Tables
Vesting Date | Security | Mitchell | Maue | D’Iorio | Alcala | Polmanteer | ||||||||||||||||
February 6, 2026 | Crane Company | 2,239 | 679 | 470 | 391 | 313 | ||||||||||||||||
Crane NXT, Co. | 2,239 | 679 | 470 | 391 | 313 | |||||||||||||||||
February 7, 2026 | Crane Company | 2,635 | 799 | 492 | 430 | 369 | ||||||||||||||||
Crane NXT, Co. | 2,635 | 799 | 492 | 430 | 369 | |||||||||||||||||
February 6, 2027 | Crane Company | 2,239 | 679 | 470 | 392 | 314 | ||||||||||||||||
Crane NXT, Co. | 2,239 | 679 | 470 | 392 | 314 |
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