Crane NXT, Co. — Director's Dealing 2006

Jan 24, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2006-01-22

Reporting Person: NOONAN THOMAS MICHAEL (Vice President - Taxes)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-22	CRANE CO. COMMON, PAR VALUE $1.00	F	393	$36.75	Disposed	61244	Direct
2006-01-23	CRANE CO. COMMON, PAR VALUE $1.00	A	3200	—	Acquired	64444	Direct
2006-01-23	CRANE CO. COMMON, PAR VALUE $1.00	J	23	—	Acquired	2963	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	15000	Acquired	2012-01-23	CRANE CO. COMMON, PAR VALUE $1.00 (15000)	Direct

Footnotes

F1: ON JANUARY 22, 2006, 1,250 SHARES OF RESTRICTED STOCK PREVIOUSLY REPORTED AS BENEFICIALLY OWNED BY THE REPORTING PERSON VESTED DUE TO THE PASSAGE OF TIME, AND 393 SHARES WERE SURRENDERED TO PAY TAXES ON SUCH VESTED SHARES.

F2: BETWEEN APRIL 30, 2005 AND DECEMBER 31, 2005 THE REPORTING PERSON ACQUIRED AN AGGREGATE OF 23 SHARES OF COMMON STOCK AT PREVAILING MARKET PRICES THROUGH THE ISSUER'S 401(K) PLAN

F3: THE OPTION VESTS 50% ON THE FIRST, 75% ON THE SECOND AND 100% ON THE THIRD ANNIVERSARY OF THE GRANT DATE.