Crane NXT, Co. — Director's Dealing 2007

Jan 31, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2007-01-29

Reporting Person: Perlitz Thomas J (VP Operational Excellence)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-01-29	CRANE CO. COMMON, PAR VALUE $1.00	A	3000	—	Acquired	14637	Direct
2007-01-29	CRANE CO. COMMON, PAR VALUE $1.00	J	6	—	Acquired	714	Indirect
2007-01-29	CRANE CO. COMMON, PAR VALUE $1.00	J	172	—	Acquired	172	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-01-29	Employee Stock Option (Right to Buy)	$36.64	A	20000	Acquired	2013-01-29	CRANE CO. COMMON, PAR VALUE $1.00 (20000)	Direct

Footnotes

F1: BETWEEN SEPTEMBER 1, 2006 AND DECEMBER 31, 2006, THE REPORTING PERSON ACQUIRED AN AGGREGATE OF 6 SHARES OF COMMON STOCK AT PREVAILING MARKET PRICES THROUGH THE ISSUER'S 401(K) PLAN.

F2: BETWEEN SEPTEMBER 6, 2005 AND DECEMBER 31, 2006, THE REPORTING PERSON ACQUIRED AN AGGREGATE OF 172 SHARES OF COMMON STOCK AT PREVAILING MARKET PRICES THROUGH THE ISSUER'S DIVIDEND REINVESTMENT PLAN.

F3: THIS OPTION VESTS 50% ONE YEAR, 75% TWO YEARS AND 100% THREE YEARS AFTER THE DATE OF GRANT.