Crane NXT, Co. — Director's Dealing 2013

Nov 7, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2013-11-05

Reporting Person: Baron Curtis A JR (Vice President, Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-05	CRANE CO. COMMON, PAR VALUE $1.00	M	4000.0000	$36.4600	Acquired	6666.0000	Direct
2013-11-05	CRANE CO. COMMON, PAR VALUE $1.00	F	2946.0000	$63.4337	Disposed	3720.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-11-05	Employee Stock Option (Right to Buy)	$36.4600	M	4000.0000	Disposed	2014-01-28	CRANE CO. COMMON, PAR VALUE $1.00 (4000.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
CRANE CO. COMMON, PAR VALUE $1.00	269.0000	Indirect

Footnotes

F1: Mr. Baron exercised 4,000 stock options priced at $36.46, at a market price of $63.4337. The resulting after-tax gain was taken in the form of 1,054 shares of Crane Co. Stock, resulting in a net increase in Mr. Baron's direct holdings by that amount. Mr. Baron tendered 2,946 shares of stock to pay the exercise price of the options and to pay the taxes on the resulting gain.

F2: Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $63.40 to $63.49. The reporting person undertakes to provide, upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F3: This option was granted 1/28/2008 with a six-year term, and vested 25% each year over four years.