Crane NXT, Co. — Director's Dealing 2018

Nov 2, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2018-11-01

Reporting Person: SALOVAARA KRISTIAN ROBERT (VP, Business Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-11-01	CRANE CO. COMMON, PAR VALUE $1.00	M	13367	$48.59	Acquired	34863	Direct
2018-11-01	CRANE CO. COMMON, PAR VALUE $1.00	S	13367	$89.5255	Disposed	21496	Direct
2018-11-01	CRANE CO. COMMON, PAR VALUE $1.00	J	12	—	Acquired	439	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-11-01	Employee Stock Option (Right to Buy)	$48.59	M	13367	Disposed	2019-01-28	CRANE CO. COMMON, PAR VALUE $1.00 (13367.0)	Direct

Footnotes

F1: Mr. Salovaara exercised and sold 13,367 stock options granted to him on 1/28/2013 and set to expire 1/23/2019 priced at $48.59 and sold at a weighted average price of $89.5255.

F2: Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $89.34 to $89.85. 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: Between January 1, 2017 and October 31,2018, Mr. Salovaara acquired an aggregate of 12 shares of common stock at prevailing market prices through the issuer's 401(K) plan.

F4: 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 (01/28/2013).