Crane NXT, Co. — Director's Dealing 2013

Feb 21, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2013-02-19

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-19	CRANE CO. COMMON, PAR VALUE $1.00	M	5000.0000	$46.4800	Acquired	7226.0000	Direct
2013-02-19	CRANE CO. COMMON, PAR VALUE $1.00	F	4560.0000	$54.2300	Disposed	2666.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-02-19	Employee Stock Option (Right to Buy)	$46.4800	M	5000.0000	Disposed	2013-09-24	CRANE CO. COMMON, PAR VALUE $1.00 (5000.0000)	Direct

Holdings (Non-Derivative)

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

Footnotes

F1: Mr. Baron exercised 5,000 stock options priced at $46.48, at a market price of $54.23. The resulting after-tax gain was taken in the form of 440 shares of Crane Co. Stock, resulting in a net increase in Mr. Baron's direct holdings by that amount, to 2,666 shares. Mr. Baron tendered 4,286 shares to pay the exercise price of the options, and 274 shares were withheld to pay taxes on the resulting gain.

F2: This option was granted 9/24/07 with a six-year term, and vested 25% each year over four years.