Crane NXT, Co. — Director's Dealing 2013

Dec 10, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2013-12-06

Reporting Person: FAST ERIC C (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-06	CRANE CO. COMMON, PAR VALUE $1.00	M	15000.0000	$31.9400	Acquired	80697.0000	Direct
2013-12-06	CRANE CO. COMMON, PAR VALUE $1.00	F	11080.0000	$64.7900	Disposed	69617.0000	Direct
2013-12-10	CRANE CO. COMMON, PAR VALUE $1.00	G	2000.0000	$0.0000	Disposed	67617.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-06	Employee Stock Option (Right to Buy)	$31.9400	M	15000.0000	Disposed	2016-01-25	CRANE CO. COMMON, PAR VALUE $1.00 (15000.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
CRANE CO. COMMON, PAR VALUE $1.00	3513.0000	Indirect
CRANE CO. COMMON, PAR VALUE $1.00	50929.0000	Indirect
CRANE CO. COMMON, PAR VALUE $1.00	158700.0000	Indirect

Footnotes

F1: Mr. Fast exercised 15,000 stock options priced at $31.94, at a market price of $64.79. The resulting after-tax gain was taken in the form of 3,920 shares of Crane Co. Stock, resulting in a net increase in Mr. Fast's direct holdings by that amount, to 69,617 shares. Mr. Fast tendered 7,395 shares of previously owned stock to pay the exercise price of the options, and 3,685 shares were withheld to pay taxes on the resulting gain.

F2: 2,000 shares were contributed to the Fidelity Charitable Gift Fund.

F3: The remaining 25% will vest on the fourth anniversary of the grant date (01/25/2014).