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Crane NXT, Co. Director's Dealing 2012

Mar 1, 2012

31213_dirs_2012-03-01_889dab8e-6885-44fb-a013-34c3c076330e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2012-02-28

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-02-28 CRANE CO. COMMON, PAR VALUE $1.00 M 20000.0000 $36.6400 Acquired 73088.0000 Direct
2012-02-28 CRANE CO. COMMON, PAR VALUE $1.00 F 17201.0000 $48.5500 Disposed 55887.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-02-28 Employee Stock Option (Right to Buy) $36.6400 M 20000.0000 Disposed 2013-01-29 CRANE CO. COMMON, PAR VALUE $1.00 (20000.0000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
CRANE CO. COMMON, PAR VALUE $1.00 11938.0000 Indirect
CRANE CO. COMMON, PAR VALUE $1.00 6475.0000 Indirect

Footnotes

F1: Ms. Kopczick exercised 20,000 stock options priced at $36.64, at a market price of $48.55. The resulting after-tax gain was taken in the form of 2,799 shares of Crane Co. Stock, resulting in a net increase in Ms. Kopczick's direct holdings by that amount, to 55,887 shares. Ms. Kopczick tendered 15,094 shares of previously owned stock to pay the exercise price of the options, and 2,107 shares were withheld to pay taxes on the resulting gain.

F2: This option vested 25% on the first, 50% on the second, 75% on the third and 100% on the fourth anniversary of the grant date (01/29/2007).