Crane NXT, Co. — Director's Dealing 2010

Jan 20, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2010-01-15

Reporting Person: ELLIS BRADLEY (Group President, Merch. Syst.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-15	CRANE CO. COMMON, PAR VALUE $1.00	M	20000	$32.72	Acquired	88769	Direct
2010-01-15	CRANE CO. COMMON, PAR VALUE $1.00	F	14854	$32.72	Disposed	73915	Direct
2010-01-15	CRANE CO. COMMON, PAR VALUE $1.00	J	901	—	Acquired	4704	Indirect
2010-01-15	CRANE CO. COMMON, PAR VALUE $1.00	J	773	—	Acquired	1599	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-01-15	Employee Stock Option (Right to Buy)	$19.86	M	20000	Disposed	2010-01-24	CRANE CO. COMMON, PAR VALUE $1.00 (20000)	Direct

Footnotes

F1: Mr. Ellis exercised 20,000 stock options priced at $19.86, at a market price of $32.72. Mr. Ellis tendered 12,139 shares of previously owned stock to pay the exercise price of the options, and 2,715 of the option shares were withheld to pay taxes on the resulting gain. The resulting after-tax gain was taken in the form of 5,146 shares of Crane Co., stock resulting in a net increase in Mr. Ellis's portion by that amount, to 73,915 shares.

F2: Between January 1, 2009 and December 31, 2009, the reporting person acquired an aggregate of 901 shares of Common Stock at prevaling market prices through the issuer's 401(K) Plan.

F3: Between January 1, 2009 and December 31, 2009, the reporting person acquired an aggregate of 773 shares of Common Stock at prevailing market prices throught the issuer's Dividend Reinvestment Plan.

F4: The option vested 50% one year, 75% two years and 100% three years after January 24, 2000, the date of grant.