9 unchanged sentences
Our independent registered public accounting firm also attested to, and reported on, our management’s assessment of the effectiveness of internal control over financial reporting.
−Removed: Our management’s report and our independent registered public accounting firm’s attestation report are set forth in Part II, Item 8 of this Annual Report on Form 10-K under the captions entitled “Management’s Responsibility for Financial Reporting” and “Report of Independent Registered Public Accounting Firm.”
+Added: Our management’s report and our independent registered public accounting firm’s attestation report are set forth in Item 8 of this Annual Report on Form 10-K under the captions entitled “Management’s Responsibility for Financial Reporting” and “Report of Independent Registered Public Accounting Firm.”
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
25 unchanged sentences
Other Information
+Added: Disclosure Regarding Foreign Jurisdictions That Prevent Inspections
+Added: Not Applicable.
Directors, Executive Officers and Corporate Governance
15 unchanged sentences
Equity compensation plans approved by security holders:
−Removed: 2013 Stock Incentive Plan (and predecessor plans) — — —
−Removed: 2018 Stock Incentive Plan 3,662,131 a
−Removed: $ 68.88 4,184,576
+Added: 2018 Stock Incentive Plan (and predecessor plans) 2,952,781 a
+Added: 2018 Amended and Restated Stock Incentive Plan 24,060 — 4,734,667
Equity compensation plans not approved by security holders — — —
10 unchanged sentences
(a) Consolidated Financial Statements:
−Removed: Report of Independent Registered Public Accounting Firm Page 38
+Added: Report of Independent Registered Public Accounting Firm (PCAOB ID No.
Consolidated Statements of Operations Page 39
32 unchanged sentences
Form of Commercial Paper dealer Agreement executed between Crane Co, as issuer and the Dealer party there to (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed on March 3, 2015).
−Removed: $550 million 5-Year Revolving Credit Agreement, dated as of December 20, 2017 (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed on December 21, 2017).
−Removed: $150 million 364-day Credit Agreement, dated as of December 20, 2017 (incorporated by reference to Exhibit 10.2 to the Company's Current Report on Form 8-K filed on December 21, 2017).
−Removed: $200 million 3-Year Term Loan Credit Agreement, dated as of December 20, 2017 (incorporated by reference to Exhibit 10.3 to the Company's Current Report on Form 8-K filed on December 21, 2017).
−Removed: 364-Day Credit Agreement, dated as of April 16, 2020 (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed on April 17, 2020).
+Added: 10(b) $650 million 5-Year Revolving Credit Agreement, dated as of July 28, 2021 (incorporated by reference to the Registrant’s Current Report on Form 8-K filed on July 28, 2021).
(iii) Compensatory Plans
4 unchanged sentences
2018 Stock Incentive Plan (incorporated by reference to Appendix A to the Company's Proxy Statement filed on March 15, 2018).
−Removed: (d) 2007 Non-Employee Director Compensation Plan (incorporated by reference to Appendix B to the Company’s Proxy Statement filed on March 9, 2007).
−Removed: (e) The Crane Co.
−Removed: 2009 Non-Employee Director Compensation Plan (incorporated by reference to Appendix B to the Company’s Proxy Statement filed on March 6, 2009).
+Added: (d) The Crane Co.
+Added: Amended & Restated 2018 Stock Incentive Plan (incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K filed on April 26, 2001).
+Added: (e) 2007 Non-Employee Director Compensation Plan (incorporated by reference to Appendix B to the Company’s Proxy Statement filed on March 9, 2007).
(f) The Crane Co.
−Removed: Benefit Equalization Plan, effective February 25, 2008 (incorporated by reference to Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2008).
+Added: 2009 Non-Employee Director Compensation Plan (incorporated by reference to Appendix B to the Company’s Proxy Statement filed on March 6, 2009).
(g) The Crane Co.
+Added: Benefit Equalization Plan, effective February 25, 2008 (incorporated by reference to Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2008).
+Added: (h) The Crane Co.
Benefit Equalization Plan as amended effective January 1, 2013 (incorporated by reference to Exhibit 10.1 to the Company’s Form 8-K filed December 11, 2013).
−Removed: (h) Form of Employment/Severance Agreement between the Company and certain executive officers, which provides for the continuation of certain employee benefits upon a change in control (incorporated by reference to Exhibit 10.2 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2010).
+Added: (i) Form of Employment/Severance Agreement between the Company and certain executive officers, which provides for the continuation of certain employee benefits upon a change in control (incorporated by reference to Exhibit 10.2 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2010).
Agreements in this form have been entered into with all executive officers.
−Removed: (i) Form of Indemnification Agreement between the Company and each of its director and executive officers.
−Removed: (j) Time-sharing Agreement dated January 31, 2014 between the Company and Max H.
+Added: (j) Form of Indemnification Agreement between the Company and each of its director and executive officers (incorporated by reference to Exhibit 10.3(i) to the Company’s Annual Report on Form 10-K filed February 23, 2021).
+Added: (k) Time-sharing Agreement dated January 31, 2014 between the Company and Max H.
Mitchell (incorporated by reference to Exhibit 10.1 to the Company's Form 8-K filed on January 31, 2014).
−Removed: (k) Amendment, dated August 31, 2017, to Time Sharing Agreement with M.
+Added: (l) Amendment, dated August 31, 2017, to Time Sharing Agreement with M.
Mitchell (incorporated by reference to Exhibit 10.2 to the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2017).
−Removed: (l) Time-sharing Agreement, dated April 27, 2020 between the Company and James L.L.
+Added: (m) Time-sharing Agreement, dated April 27, 2020 between the Company and James L.L.
+Added: Tullis (incorporated by reference to Exhibit 10.3(l) to the Company’s Annual Report on Form 10-K filed February 23, 2021).
Form 10-K Summary
33 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.