Crane NXT, Co. — Director's Dealing 2019

Apr 30, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2019-04-29

Reporting Person: LOCHNER PHILIP R (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-04-29	Deferred Stock Units	$	A	421	Acquired		CRANE CO. COMMON, PAR VALUE $1.00 (421.0)	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: Additional Deferred Stock Units are granted during the year to coincide with payment of dividends on Crane Co. Stock.

F3: 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 Directors 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.