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: DUPONT AUGUSTUS I (V.P., Gen. Couns. & Sec.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-22	CRANE CO. COMMON, PAR VALUE $1.00	F	315	$36.75	Disposed	81421	Direct
2006-01-23	CRANE CO. COMMON, PAR VALUE $1.00	A	6800	—	Acquired	88221	Direct
2006-01-23	CRANE CO. COMMON, PAR VALUE $1.00	J	9	—	Acquired	2254	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	25000	Acquired	2012-01-23	CRANE CO. COMMON, PAR VALUE $1.00 (25000)	Direct

Footnotes

F1: ON JANUARY 22, 2006, 1,000 SHARES OF RESTRICTED STOCK PREVIOUSLY REPORTED AS BENEFICIALLY OWNED BY THE REPORTING PERSON VESTED DUE TO THE PASSAGE OF TIME, AND 315 SHARES WERE SURRENDERED TO PAY TAXES ON SUCH VESTED SHARES.

F2: BETWEEN NOVEMBER 1, 2005 AND DECEMBER 31, 2005 THE REPORTING PERSON ACQUIRED AN AGGREGATE OF 9 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.