Crane NXT, Co. — Director's Dealing 2006

Jan 25, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2006-01-23

Reporting Person: VIPOND J ROBERT (VP-Finance and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-23	CRANE CO. COMMON, PAR VALUE $1.00	A	5000	—	Acquired	10000	Direct
2006-01-23	CRANE CO. COMMON, PAR VALUE $1.00	J	155	—	Acquired	155	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-01-23	Employee Stock Option (Right to Buy)	$36.58	A	35000	Acquired	2012-01-23	CRANE CO. COMMON, PAR VALUE $1.00 (35000)	Direct

Footnotes

F1: BETWEEN MARCH 1, 2005 AND DECEMBER 31, 2005 THE REPORTING PERSON ACQUIRED AN AGGREGATE OF 155 SHARES OF COMMON STOCK AT PREVAILING MARKET PRICES THROUGH THE ISSUER'S 401(K) PLAN

F2: THE OPTION VESTS 50% ON THE FIRST, 75% ON THE SECOND AND 100% ON THE THIRD ANNIVERSARY OF THE GRANT DATE.