Crane NXT, Co. — Director's Dealing 2006

Feb 17, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2006-02-16

Reporting Person: DICKOFF G A (Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-16	CRANE CO. COMMON, PAR VALUE $1.00	M	15000	$19.11	Acquired	74875	Direct
2006-02-16	CRANE CO. COMMON, PAR VALUE $1.00	M	7000	$19.86	Acquired	81875	Direct
2006-02-16	CRANE CO. COMMON, PAR VALUE $1.00	F	15201	$39.49	Disposed	66674	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-16	Employee Stock Option (Right to Buy)	$19.86	M	7000	Disposed	2010-01-24	CRANE CO. COMMON, PAR VALUE $1.00 (7000)	Direct
2006-02-16	Employee Stock Option (Right to Buy)	$19.11	M	15000	Disposed	2013-01-27	CRANE CO. COMMON, PAR VALUE $1.00 (15000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
CRANE CO. COMMON, PAR VALUE $1.00	5955	Indirect

Footnotes

F1: IN CONNECTION WITH THE EXERCISE OF 22,000 OPTIONS REPORTED ON THIS FORM 15,201 SHARES WERE WITHHELD IN ORDER TO FUND THE AGGREGATE EXERCISE PRICE ($425,670.00) AND THE RESULTANT WITHOLDING TAXES ($174,693.49).

F2: THE OPTION VESTED 50% ON THE FIRST, 75% ON THE SECOND AND 100% ON THE THIRD ANNIVERSARY OF THE GRANT DATE (01/24/2000).

F3: THE OPTION VESTED 50% ON THE FIRST, 75% ON THE SECOND AND 100% ON THE THIRD ANNIVERSARY OF THE GRANT DATE (01/27/2003).