Crane NXT, Co. — Director's Dealing 2016

Jul 25, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2016-07-22

Reporting Person: Curran Brendan (Group Pres. Aerospace & Elec.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-22	CRANE CO. COMMON, PAR VALUE $1.00	M	1965.0000	$0.0000	Acquired	5350.0000	Direct
2016-07-22	CRANE CO. COMMON, PAR VALUE $1.00	F	538.0000	$58.1600	Disposed	4812.0000	Direct
2016-07-22	CRANE CO. COMMON, PAR VALUE $1.00	J	4.0000	$0.0000	Acquired	336.0000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-07-22	Restricted Share Unit	$	M	1965.0000	Disposed		CRANE CO. COMMON, PAR VALUE $1.00 (1965.0000)	Direct

Footnotes

F1: On July 22, 2016, 1,965 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 538 shares were withheld to pay taxes on the resulting gain, resulting in a net increase of 1,427 shares of Crane Co. Common Stock.

F2: Between January 1, 2016 and June 30, 2016, Mr. Curran acquired an aggregate of 4 shares of common stock at prevailing market prices through the issuer's 401(K) Plan.

F3: 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 date (July 22, 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.