Crane NXT, Co. — Director's Dealing 2013

Apr 29, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2013-04-25

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-04-25	CRANE CO. COMMON, PAR VALUE $1.00	M	35000.0000	$36.4600	Acquired	146296.0000	Direct
2013-04-25	CRANE CO. COMMON, PAR VALUE $1.00	F	29217.0000	$53.6600	Disposed	117079.0000	Direct
2013-04-25	CRANE CO. COMMON, PAR VALUE $1.00	J	168.0000	—	Acquired	3513.0000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-04-25	Employee Stock Option (Right to Buy)	$36.4600	M	35000.0000	Disposed	2014-01-28	CRANE CO. COMMON, PAR VALUE $1.00 (35000.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
CRANE CO. COMMON, PAR VALUE $1.00	163125.0000	Indirect
CRANE CO. COMMON, PAR VALUE $1.00	250873.0000	Indirect

Footnotes

F1: Mr. Fast exercised 35,000 stock options, priced at $36.46 and due to expire January 2014, at a market price of $53.66. The resulting after-tax gain was taken in the form of 5,783 shares of Crane Co. Stock, resulting in a net increase in Mr. Fast's direct holdings by that amount, to 117,079 shares. Mr. Fast tendered 23,782 shares of previously owned stock to pay the exercise price of the options, and 5,435 shares were withheld to pay taxes on the resulting gain.

F2: Between January 1, 2013 and March 31, 2013, Mr. Fast acquired an aggregate of 168 shares of common stock at prevailing market prices through the issuer's 401(K) plan.

F3: This option was granted 1/28/08 with a six-year term, and vested 25% each year over four years.