Crane NXT, Co. — Director's Dealing 2020

Apr 30, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2020-04-27

Reporting Person: EVANS ROBERT S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-27	CRANE CO. COMMON, PAR VALUE $1.00	A	27506	—	Acquired	426890	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-27	Deferred Stock Units	$	A	0	Acquired		CRANE CO. COMMON, PAR VALUE $1.00 (548.0)	Direct

Footnotes

F1: 881 of these shares were granted as part of the reporting person's election to receive 100% of his annual cash retainer for board services in shares of Crane Co. common stock. 24,455 of these shares represent the conversion of the reporting person's DSU awards to shares as a result of his retirement from the board on 4/27/2020, and the remaining 2,170 shares represent dividends on DSU awards, which the reporting person has elected to receive in shares of Crane Co. common stock.

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: These Deferred Stock Units are granted to coincide with payment of dividends on Crane Co. Stock.

F4: Following his retirement from service on the Board of Directors on 4/27/2020, the entirety of the reporting person's DSUs, including this award, were converted to shares of Crane Co. common stock as disclosed on Table I.