Crane NXT, Co. — Director's Dealing 2018

Apr 25, 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: SCANNELL PETER O (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	7390	—	Acquired	7390	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-04-23	Deferred Stock Units	$	A	107	Acquired		CRANE CO. COMMON, PAR VALUE $1.00 (107.0)	Direct
2018-04-23	Deferred Stock Units	$	M	7390	Disposed		CRANE CO. COMMON, PAR VALUE $1.00 (7390.0)	Direct

Footnotes

F1: Mr. Scannell resigned from the Board effective as of the Annual Meeting on April 23, 2018. 7,390 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 of 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.