Crane NXT, Co. — Director's Dealing 2006

Feb 10, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2006-02-08

Reporting Person: KOPCZICK ELISE (V.P. - Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-08	CRANE CO. COMMON, PAR VALUE $1.00	M	2440	$16.96	Acquired	59372	Direct
2006-02-08	CRANE CO. COMMON, PAR VALUE $1.00	F	1521	$37.55	Disposed	57851	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-08	Employee Stock Option (Right to Buy)	$16.96	M	2440	Disposed	2006-05-05	CRANE CO. COMMON, PAR VALUE $1.00 (2440)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
CRANE CO. COMMON, PAR VALUE $1.00	9212	Indirect
CRANE CO. COMMON, PAR VALUE $1.00	1596	Indirect

Footnotes

F1: IN CONNECTION WITH THE EXERCISE OF 2,440 OPTIONS REPORTED ON THIS FORM, 1,521 SHARES WERE WITHELD IN ORDER TO FUND THE AGGREGATE EXERCISE PRICE ($41,382.40) AND THE RESULTANT WITHOLDING TAXES ($15,738.76).

F2: THE OPTION VESTED 50% ON THE FIRST, 75% ON THE SECOND AND 100% ON THE THIRD ANNIVERSARY OF THE GRANT DATE (05/06/1996).