Crane NXT, Co. — Director's Dealing 2017

Feb 27, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2017-02-23

Reporting Person: Lavish James A. (VP, CBS, People & Performance)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-23	CRANE CO. COMMON, PAR VALUE $1.00	M	2662	$58.47	Acquired	13887	Direct
2017-02-23	CRANE CO. COMMON, PAR VALUE $1.00	S	2662	$72.5213	Disposed	11225	Direct
2017-02-23	CRANE CO. COMMON, PAR VALUE $1.00	M	5368	$43.57	Acquired	16593	Direct
2017-02-23	CRANE CO. COMMON, PAR VALUE $1.00	S	5368	$72.5213	Disposed	11225	Direct
2017-02-23	CRANE CO. COMMON, PAR VALUE $1.00	M	2088	$64.78	Acquired	13313	Direct
2017-02-23	CRANE CO. COMMON, PAR VALUE $1.00	S	2088	$72.5213	Disposed	11225	Direct
2017-02-23	CRANE CO. COMMON, PAR VALUE $1.00	M	1300	$48.59	Acquired	12525	Direct
2017-02-23	CRANE CO. COMMON, PAR VALUE $1.00	S	150	$72.5213	Disposed	12375	Direct
2017-02-23	CRANE CO. COMMON, PAR VALUE $1.00	S	1174	$74.40	Disposed	11201	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-23	Employee Stock Option (Right to Buy)	$58.47	M	2662	Disposed	2025-01-26	CRANE CO. COMMON, PAR VALUE $1.00 (2662.0)	Direct
2017-02-23	Employee Stock Option (Right to Buy)	$43.57	M	5368	Disposed	2026-01-25	CRANE CO. COMMON, PAR VALUE $1.00 (5368.0)	Direct
2017-02-23	Employee Stock Option (Right to Buy)	$64.78	M	2088	Disposed	2024-01-27	CRANE CO. COMMON, PAR VALUE $1.00 (2088.0)	Direct
2017-02-23	Employee Stock Option (Right to Buy)	$48.59	M	1300	Disposed	2019-01-28	CRANE CO. COMMON, PAR VALUE $1.00 (1300.0)	Direct

Footnotes

F1: Concurrent sale of shares resulting from an exercise of options granted on 1/26/2015 and expiring on 1/26/2025.

F2: Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $72.14 to $74.40. The reporting person undertakes to provide, upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F3: Concurrent sale of shares resulting from an exercise of options granted on 1/25/2016 and expiring on 1/25/2026.

F4: Concurrent sale of shares resulting from an exercise of options granted on 1/27/2014 and expiring on 1/27/2024.

F5: Concurrent sale of shares resulting from an exercise of options granted on 1/28/2013 and expiring on 1/28/2019.

F6: The remaining 25% will vest on the fourth anniversary of the grant date (1/26/2015).

F7: This option vested 25% on the first anniversary of the grant date (1/26/2015). The remaining 75% will vest on the second, third and fourth anniversary of the grant date.

F8: This option vested 25% on the first, 50% on the second and 75% on the third anniversary of the grant date (01/27/2014). The remaining 25% will vest on the fourth anniversary of the grant date.

F9: 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 (1/28/2019).