Crane NXT, Co. — Director's Dealing 2015

May 22, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2015-05-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-20	CRANE CO. COMMON, PAR VALUE $1.00	M	5000.0000	$31.9400	Acquired	11314.0000	Direct
2015-05-20	CRANE CO. COMMON, PAR VALUE $1.00	F	3492.0000	$62.5900	Disposed	7822.0000	Direct
2015-05-20	CRANE CO. COMMON, PAR VALUE $1.00	J	82.0000	$0.0000	Acquired	598.0000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-20	Employee Stock Option (Right to Buy)	$31.9400	M	5000.0000	Disposed	2016-01-25	CRANE CO. COMMON, PAR VALUE $1.00 (5000.0000)	Direct

Footnotes

F1: Mr. Baron exercised 5,000 stock options priced at $31.94, at a market price of $62.59. The resulting after-tax gain was taken in the form of 1,508 shares of Crane Co. Stock, resulting in a net increase in Mr. Baron's direct holdings by that amount. Mr. Baron tendered 2,552 shares of previously owned stock to pay the exercise price of the options, and 940 shares were withheld to pay taxes on the resulting gain.

F2: Between April 1, 2014 and March 31, 2015, Mr. Baron acquired an aggregate of 82 shares of common stock at prevailing market prices through the issuer's 401(K) Plan.

F3: This option vested 25% on the first, 50% on the second, 75% on the third and 100% on the fourth anniversary of the grant date (01/25/2010).