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Crane NXT, Co. Director's Dealing 2018

Apr 25, 2018

31213_dirs_2018-04-25_7cc64634-0cbb-4226-8374-c3a9410bd352.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: LOCHNER PHILIP R (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-04-23 Deferred Stock Units $ A 1258 Acquired CRANE CO. COMMON, PAR VALUE $1.00 (1258.0) Direct
2018-04-23 Deferred Stock Units $ A 360 Acquired CRANE CO. COMMON, PAR VALUE $1.00 (360.0) Direct

Footnotes

F1: 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.

F2: 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.

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