Crane NXT, Co. — Director's Dealing 2015

Sep 25, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2015-09-23

Reporting Person: Rowe Tazewell S. (Vice President, Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-09-23	CRANE CO. COMMON, PAR VALUE $1.00	M	218.0000	$0.0000	Acquired	409.0000	Direct
2015-09-23	CRANE CO. COMMON, PAR VALUE $1.00	F	84.0000	$47.5500	Disposed	325.0000	Direct
2015-09-23	CRANE CO. COMMON, PAR VALUE $1.00	J	136.0000	$0.0000	Acquired	246.0000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-09-23	Restricted Share Unit	$	M	218.0000	Disposed		CRANE CO. COMMON, PAR VALUE $1.00 (218.0000)	Direct

Footnotes

F1: On September 23, 2015, 218 Restricted Share Units, which represent the right to receive one share of Crane Co. Common Stock, previously reported as beneficially owned by the reporting person, vested due to the passage of time, and 84 shares were withheld to pay taxes on the resulting gain, resulting in a net issuance of 134 shares of Crane Co. Common Stock.

F2: Between October 1, 2014 and August 31, 2015, the reporting person acquired an aggregate of 136 shares of common stock at prevailing market prices through the issuer's 401(K) Plan.

F3: 25% of the Restricted Share Units granted will be converted into shares of Common Stock on each of the first, second, third and fourth anniversaries of the grant date (September 23, 2013), provided the recipient remains employed by the Company; all Restricted Share Units will be converted into shares of Common Stock upon retirement, death, permanent disability, or in the event of a change in control of the Company.

F4: A Restricted Share Unit is forfeited if the recipient ceases to be employed by the Company before it has been converted to Common Stock.