Crane NXT, Co. — Director's Dealing 2020

Apr 29, 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: BENANTE MARTIN R (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	74	—	Acquired	214	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 (2506.0)	Direct
2020-04-27	Deferred Stock Units	$	A	0	Acquired		CRANE CO. COMMON, PAR VALUE $1.00 (180.0)	Direct

Footnotes

F1: The shares were granted as part of the reporting person's election to receive a portion of his annual cash retainer for board services in shares of Crane Co. common stock. The shares are fully vested upon grant.

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: 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.

F4: Additional Deferred Stock Units are granted during the year to coincide with payment of dividends on Crane Co. Stock.