Crane NXT, Co. — Director's Dealing 2015

May 27, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2015-05-23

Reporting Person: SALOVAARA KRISTIAN ROBERT (VP, Business Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-23	CRANE CO. COMMON, PAR VALUE $1.00	M	500.0000	$0.0000	Acquired	2340.0000	Direct
2015-05-23	CRANE CO. COMMON, PAR VALUE $1.00	F	212.0000	$61.1400	Disposed	2128.0000	Direct
2015-05-23	CRANE CO. COMMON, PAR VALUE $1.00	J	123.0000	$0.0000	Acquired	410.0000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-23	Restricted Share Unit	$	M	500.0000	Disposed		CRANE CO. COMMON, PAR VALUE $1.00 (500.0000)	Direct

Footnotes

F1: On May 23, 2015, 500 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 212 shares were withheld to pay taxes on the resulting gain, resulting in a net issuance of 288 shares of Crane Co. Common Stock.

F2: Between April 1, 2014 and March 31, 2015, the reporting person acquired an aggregate of 123 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 (May 23, 2011), 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.