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Crane NXT, Co. Director's Dealing 2016

Aug 1, 2016

31213_dirs_2016-08-01_f020bf43-653b-4fc0-ae91-ebf4cb4fae0f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2016-07-28

Reporting Person: DUPONT AUGUSTUS I (V.P., Gen. Couns. & Sec.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-07-28 CRANE CO. COMMON, PAR VALUE $1.00 M 27000.0000 $43.7200 Acquired 115962.0000 Direct
2016-07-28 CRANE CO. COMMON, PAR VALUE $1.00 F 21745.0000 $61.9500 Disposed 94217.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-07-28 Employee Stock Option (Right to Buy) $43.7200 M 27000.0000 Disposed 2017-01-24 CRANE CO. COMMON, PAR VALUE $1.00 (27000.0000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
CRANE CO. COMMON, PAR VALUE $1.00 4894.0000 Indirect

Footnotes

F1: Mr. duPont exercised 27,000 stock options, priced at $43.72 and due to expire January 2017, at a market price of $61.95. The resulting after tax gain was taken in the form of 5,255 shares of Crane Co. Stock, resulting in a net increase in Mr. duPont's direct holdings by that amount, to 94,217 shares. Mr. duPont tendered 19,055 shares of previously owned stock to pay the exercise price of the options, and 2,690 shares were withheld to pay taxes on the resulting gain.

F2: 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 (01/24/2011).