Crane NXT, Co. — Director's Dealing 2018

Feb 1, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2018-01-29

Reporting Person: DUPONT AUGUSTUS I (V.P., Gen. Couns. & Sec.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-29	CRANE CO. COMMON, PAR VALUE $1.00	M	7782	—	Acquired	88786	Direct
2018-01-29	CRANE CO. COMMON, PAR VALUE $1.00	F	2384	—	Disposed	86402	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-29	2015 Performance-Based Restricted Share Unit	$	M	4583	Disposed		CRANE CO. COMMON, PAR VALUE $1.00 (4583.0)	Direct

Footnotes

F1: Each 2015 Performance-Based RSU granted in January 2015 represented a contingent right to receive a number of shares of Crane Co. Common Stock between zero and 1.75 to be determined with reference to the Total Shareholder Return of Crane Co.'s Common Stock compared to that of companies in the S&P MidCap 400 Capital Goods Group during the period beginning January 1, 2015 and ending December 31, 2017. On January 30, 2018, each Performance-Based RSU was converted to the right to receive 1.698 shares of Common Stock.

F2: 4,583 Performance-Based RSUs granted in January 2015 were converted on January 29, 2017 into the right to receive 7,782 shares of Common Stock, 2,384 shares were surrendered to pay taxes on the resulting gain.