Crane NXT, Co. — Director's Dealing 2010

Feb 26, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2010-02-24

Reporting Person: LIPNER WILLIAM E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-24	CRANE CO. COMMON, PAR VALUE $1.00	M	3500	$23.69	Acquired	11170	Direct
2010-02-24	CRANE CO. COMMON, PAR VALUE $1.00	S	100	$32	Disposed	11070	Direct
2010-02-24	CRANE CO. COMMON, PAR VALUE $1.00	S	300	$32.01	Disposed	10770	Direct
2010-02-24	CRANE CO. COMMON, PAR VALUE $1.00	S	400	$31.99	Disposed	10370	Direct
2010-02-24	CRANE CO. COMMON, PAR VALUE $1.00	S	2700	$31.9702	Disposed	7670	Direct
2010-02-24	CRANE CO. COMMON, PAR VALUE $1.00	J	5	—	Acquired	257	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-24	Director Stock Option(Right to Buy)	$23.69	M	3500	Disposed	2010-04-10	CRANE CO. COMMON, PAR VALUE $1.00 (3500)	Direct

Footnotes

F1: Between April 1, 2009 and January 31, 2010, the reporting person acquired an aggregate of 5 shares of common stock at prevailing market prices through the issuer's Dividend Reinvestment Plan.

F2: The option vested 50% on the first, 75% on the second and 100% on the third anniversary of the grant date (04/10/2000).