Crane NXT, Co. — Director's Dealing 2006

Jan 30, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2006-01-26

Reporting Person: PANTALEONI A D (VP Envir. Health & Safety)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-26	CRANE CO. COMMON, PAR VALUE $1.00	M	21143	$33.54	Acquired	61409	Direct
2006-01-26	CRANE CO. COMMON, PAR VALUE $1.00	M	5000	$23.23	Acquired	66409	Direct
2006-01-26	CRANE CO. COMMON, PAR VALUE $1.00	M	5000	$19.86	Acquired	71409	Direct
2006-01-26	CRANE CO. COMMON, PAR VALUE $1.00	M	3750	$19.11	Acquired	75159	Direct
2006-01-26	CRANE CO. COMMON, PAR VALUE $1.00	M	2500	$26.86	Acquired	77659	Direct
2006-01-26	CRANE CO. COMMON, PAR VALUE $1.00	M	2500	$33.31	Acquired	80159	Direct
2006-01-26	CRANE CO. COMMON, PAR VALUE $1.00	S	39893	$36.8	Disposed	40266	Direct
2006-01-27	CRANE CO. COMMON, PAR VALUE $1.00	F	489	$36.86	Disposed	39777	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-01-26	Employee Stock Option (Right to Buy)	$26.86	M	2500	Disposed	2011-01-24	CRANE CO. COMMON, PAR VALUE $1.00 (2500)	Direct
2006-01-26	Employee Stock Option (Right to Buy)	$33.31	M	2500	Disposed	2010-04-26	CRANE CO. COMMON, PAR VALUE $1.00 (2500)	Direct
2006-01-26	Employee Stock Option (Right to Buy)	$19.11	M	3750	Disposed	2013-01-27	CRANE CO. COMMON, PAR VALUE $1.00 (3750)	Direct
2006-01-26	Employee Stock Option (Right to Buy)	$19.86	M	5000	Disposed	2010-01-24	CRANE CO. COMMON, PAR VALUE $1.00 (5000)	Direct
2006-01-26	Employee Stock Option (Right to Buy)	$23.23	M	5000	Disposed	2012-01-28	CRANE CO. COMMON, PAR VALUE $1.00 (5000)	Direct
2006-01-26	Employee Stock Option (Right to Buy)	$33.54	M	21143	Disposed	2008-04-20	CRANE CO. COMMON, PAR VALUE $1.00 (21143)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
CRANE CO. COMMON, PAR VALUE $1.00	14631	Indirect

Footnotes

F1: ON JANUARY 27, 2006, 1,556 SHARES OF RESTRICTED STOCK PREVIOUSLY REPORTED AS BENEFICALLY OWNED BY THE REPORTING PERSON VESTED DUE TO THE PASSAGE OF TIME, AND 489 SHARES WERE SURRENDERED TO PAY TAXES ON SUCH VESTED SHARES.

F2: THE OPTION VESTED 50% ON THE FIRST, 75% ON THE SECOND AND 100% ON THE THIRD ANNIVERSARY OF THE GRANT DATE (01/24/2005).

F3: THE OPTION VESTED 50% ON THE FIRST, 75% ON THE SECOND AND 100% ON THE THIRD ANNIVERSARY OF THE GRANT DATE (04/26/2004).

F4: THE OPTION VESTED 50% ON THE FIRST, 75% ON THE SECOND AND 100% ON THE THIRD ANNIVERSARY OF THE GRANT DATE (01/27/2003).

F5: THE OPTION VESTED 50% ON THE FIRST, 75% ON THE SECOND AND 100% ON THE THIRD ANNIVERSARY OF THE GRANT DATE (01/24/2000).

F6: THE OPTION VESTED 50% ON THE FIRST, 75% ON THE SECOND AND 100% ON THE THIRD ANNIVERSARY OF THE GRANT DATE (01/28/2002).

F7: THE OPTION VESTED 50% ON THE FIRST, 75% ON THE SECOND AND 100% ON THE THIRD ANNIVERSARY OF THE GRANT DATE (04/20/1998).