Crane NXT, Co. — Director's Dealing 2007

Oct 29, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2007-10-25

Reporting Person: Ward Greg A (President, Aerospace Group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-25	CRANE CO. COMMON, PAR VALUE $1.00	M	20000	$23.23	Acquired	59054	Direct
2007-10-25	CRANE CO. COMMON, PAR VALUE $1.00	M	18228	$26.95	Acquired	77282	Direct
2007-10-25	CRANE CO. COMMON, PAR VALUE $1.00	M	3300	$19.11	Acquired	80582	Direct
2007-10-25	CRANE CO. COMMON, PAR VALUE $1.00	S	2800	$47.5332	Disposed	77782	Direct
2007-10-25	CRANE CO. COMMON, PAR VALUE $1.00	S	38728	$47.5	Disposed	39054	Direct
2007-10-26	CRANE CO. COMMON, PAR VALUE $1.00	M	22500	$26.86	Acquired	61554	Direct
2007-10-26	CRANE CO. COMMON, PAR VALUE $1.00	M	1772	$26.95	Acquired	63326	Direct
2007-10-26	CRANE CO. COMMON, PAR VALUE $1.00	S	24272	$47.5	Disposed	39054	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-10-25	Employee Stock Option (Right to Buy)	$19.11	M	3300	Disposed	2013-01-27	CRANE CO. COMMON, PAR VALUE $1.00 (3300)	Direct
2007-10-25	Employee Stock Option (Right to Buy)	$23.23	M	20000	Disposed	2012-01-28	CRANE CO. COMMON, PAR VALUE $1.00 (20000)	Direct
2007-10-25	Employee Stock Option (Right to Buy)	$26.95	M	18228	Disposed	2011-01-22	CRANE CO. COMMON, PAR VALUE $1.00 (18228)	Direct
2007-10-26	Employee Stock Option (Right to Buy)	$26.86	M	22500	Disposed	2011-01-24	CRANE CO. COMMON, PAR VALUE $1.00 (22500)	Direct
2007-10-26	Employee Stock Option (Right to Buy)	$26.95	M	1772	Disposed	2011-01-22	CRANE CO. COMMON, PAR VALUE $1.00 (1772)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
CRANE CO. COMMON, PAR VALUE $1.00	446	Indirect

Footnotes

F1: The option vested 50% on the first, 75% on the second and 100% on the third anniversary of the grant date(01/27/2003).

F2: The option vested 50% on the first, 75% on the second and 100% on the third anniversary of the grant date(01/28/2002).

F3: The option vested 50% on the first, 75% on the second and 100% on the third anniversary of the grant date(01/22/2001).

F4: The option vested 50% on the first, 75% on the second and 100% on the third anniversary of the grant date(01/24/2005).