8-KThe WireRed Alert
Executive Change · Shareholder Vote
Filed May 16, 2022 · 4y ago · Accession 0001193125-22-151704
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 16, 2022
CRANE CO.
(Exact name of registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation)
Delaware
1-1657
13-1952290
(State or other jurisdiction of
incorporation or organization)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
100 First Stamford Place Stamford CT
06902
(Address of Principal Executive Offices)
(Zip Code)
Registrant’s telephone number, including area code: 203 - 363-7300
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol
Name of each exchange
on which registered
Common Stock, par value $1.00
CR
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
1
SECTION 5 - CORPORATE GOVERNANCE AND MANAGEMENT
ITEM 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Mr. Donald G. Cook retired from the Board of Directors of Crane Co. (the “Company”) on May 16, 2022, in accordance with the Company’s director retirement policy.
ITEM 5.07
Submission of Matters to a Vote of Security Holders
The Company’s Annual Meeting of Stockholders was held on May 16, 2022. The voting results were as follows (vote totals may not sum to the total votes cast because of rounding fractional shares):
1. The following nine Directors were elected to serve until the 2023 Annual Meeting of Stockholders.
Martin R. Benante
Votes for
47,925,336
Votes against
1,046,999
Abstained
139,984
Broker non-votes
2,641,843
Michael Dinkins
Votes for
48,273,937
Votes against
781,529
Abstained
56,853
Broker non-votes
2,641,843
Ronald C. Lindsay
Votes for
48,811,572
Votes against
239,266
Abstained
61,481
Broker non-votes
2,641,843
2
Ellen McClain
Votes for
48,811,011
Votes against
251,459
Abstained
49,849
Broker non-votes
2,641,843
Charles G. McClure, Jr.
Votes for
48,301,239
Votes against
752,150
Abstained
58,930
Broker non-votes
2,641,843
Max H. Mitchell
Votes for
48,910,203
Votes against
136,843
Abstained
65,273
Broker non-votes
2,641,843
Jennifer M. Pollino
Votes for
48,667,311
Votes against
393,847
Abstained
51,161
Broker non-votes
2,641,843
John S. Stroup
Votes for
48,827,877
Votes against
219,981
Abstained
64,461
Broker non-votes
2,641,843
3
James L. L. Tullis
Votes for
47,563,246
Votes against
1,486,127
Abstained
62,946
Broker non-votes
2,641,843
2. The stockholders ratified the selection of Deloitte & Touche LLP as independent auditors for the Company for 2022.
Votes for
50,379,212
Votes against
1,320,062
Abstained
54,888
Broker non-votes
0
3. The stockholders approved, on an advisory basis, the compensation of the named executive officers as disclosed in the Company’s definitive proxy statement filed with the United States Securities and Exchange Commission on April 15, 2022.
Votes for
47,270,754
Votes against
1,713,286
Abstained
128,279
Broker non-votes
2,641,843
4. The stockholders approved and adopted the Agreement and Plan of Merger, dated as of February 28, 2022, by and among the Company, Crane Holdings, Co., a Delaware corporation and wholly-owned subsidiary of the Company (“Crane Holdings”), and Crane Transaction Company, LLC (“Merger Sub”), a Delaware limited liability company and wholly-owned subsidiary of Crane Holdings, pursuant to which the Company will merge with Merger Sub, with the Company surviving the merger as a wholly-owned subsidiary of Crane Holdings.
4
Votes for
48,842,467
Votes against
212,806
Abstained
57,046
Broker non-votes
2,641,843
5
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CRANE CO.
May 16, 2022
By:
/s/ Anthony M. D’Iorio
Name:
Anthony M. D’Iorio
Title:
Senior Vice President, General Counsel and Secretary
6
Filing details
- Company
- Crane NXT, Co.
- Ticker
- CXT
- CIK
- 25445
- Form type
- 8-K
- Filing date
- May 16, 2022
- Report date
- May 16, 2022
- Document
- d296031d8k.htm
- Size
- 173 KB