Crane NXT, Co. — Director's Dealing 2010

Mar 19, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2010-03-18

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-18	CRANE CO. COMMON, PAR VALUE $1.00	M	30000	$33.31	Acquired	116761	Direct
2010-03-18	CRANE CO. COMMON, PAR VALUE $1.00	F	29355	$34.39	Disposed	87406	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-18	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	3538	Indirect

Footnotes

F1: Mr. duPont exercised 30,000 stock options priced at $33.31, at a market price of $34.39. The resulting after-tax gain was taken in the form of 645 shares of Crane Co. stock, resulting in a net increase in Mr. duPont's direct holdings by that amount, to 87,406 shares. Mr. duPont tendered 29,058 shares of previously owned stock to pay the exercise price of the options, and 297 shares were withheld to pay taxes on the resulting gain.

F2: The option vested 50% on the first, 75% on the second and 100% on the third anniversary of the grant date (04/26/2004).