Crane NXT, Co. — Director's Dealing 2015

Jan 28, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2015-01-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-01-24	CRANE CO. COMMON, PAR VALUE $1.00	M	375.0000	$0.0000	Acquired	6340.0000	Direct
2015-01-24	CRANE CO. COMMON, PAR VALUE $1.00	F	164.0000	$58.4700	Disposed	6176.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-24	Restricted Share Unit	$	M	375.0000	Disposed		CRANE CO. COMMON, PAR VALUE $1.00 (375.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
CRANE CO. COMMON, PAR VALUE $1.00	516.0000	Indirect

Footnotes

F1: On January 24, 2015, 375 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 164 shares were withheld to pay taxes on the resulting gain, resulting in a net increase of 211 shares of Crane Co. Common Stock.

F2: 25% of the Restricted Share Units will be converted into shares of Common Stock on each of the first, second, third and fourth anniversaries of the grant, 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.

F3: A Restricted Share Unit is forfeited if the recipient ceases to be employed by the Company before it has been converted to Common Stock.