Crane NXT, Co. — Director's Dealing 2010

Mar 31, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2010-03-30

Reporting Person: KOPCZICK ELISE (V.P. - Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-30	CRANE CO. COMMON, PAR VALUE $1.00	M	30000	$33.31	Acquired	88602	Direct
2010-03-30	CRANE CO. COMMON, PAR VALUE $1.00	F	28645	$35.66	Disposed	59957	Direct
2010-03-30	CRANE CO. COMMON, PAR VALUE $1.00	J	130	—	Acquired	11287	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-30	Employee Stock Option (Right to Buy)	$33.31	M	30000	Disposed	2010-04-26	CRANE CO. COMMON, PAR VALUE $1.00 (30000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
CRANE CO. COMMON, PAR VALUE $1.00	4888	Indirect

Footnotes

F1: Ms. Kopczick exercised 30,000 stock options priced at $33.31, at a market price of $35.66. The resulting after-tax gain was taken in the form of 1,355 shares of Crane Co. stock, resulting in a net increase in Ms. Kopczick's direct holdings by that amount, to 59,957 shares. Ms. Kopczick tendered 28,023 shares of previously owned stock to pay the exercise price of the options, and 622 shares were withheld to pay taxes on the resulting gain.

F2: Between January 1, 2010 and February 28, 2010, the reporting person acquired an aggregate of 130 shares of Common Stock at prevailing market prices through the issuer's 401(K) Plan.

F3: The option vested 50% on the first, 75% on the second and 100% on the third anniversary of the grant date (04/26/2004).