Crane NXT, Co. — Director's Dealing 2018

Apr 26, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2018-04-23

Reporting Person: BIGELOW E THAYER (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-04-23	CRANE CO. COMMON, PAR VALUE $1.00	M	17493	—	Acquired	17493	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-04-23	Deferred Stock Units	$	A	278	Acquired		CRANE CO. COMMON, PAR VALUE $1.00 (278.0)	Direct
2018-04-23	Deferred Stock Units	$	M	17493	Disposed		CRANE CO. COMMON, PAR VALUE $1.00 (17493.0)	Direct

Footnotes

F1: Mr. Bigelow did not stand for re-election to the Board at the Annual Meeting on April 23, 2018. 17,493 previously granted Deferred Stock Units converted to shares of Crane Co. Common Stock on that date.

F2: Each Deferred Stock Unit represents the right to receive one share of Crane Co. common stock upon separation from service on the Board of Directors.

F3: Additional Deferred Stock Units are granted during the year to coincide with payment of dividends on Crane Co. Stock.

F4: Following separation from service on the Board of Directors, the Director will receive one share of Crane Co. common stock for each Deferred Stock Unit; however, if the Director's service terminates before the first anniversary of the Grant, except for reasons of death, or a change in control of Crane Co., then the right to receive such shares will expire.