Crane NXT, Co. — Director's Dealing 2021

Aug 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2021-08-12

Reporting Person: Maue Richard A (Sr. V.P. & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-12	CRANE CO. COMMON, PAR VALUE $1.00	M	18099	$64.78	Acquired	99359	Direct
2021-08-12	CRANE CO. COMMON, PAR VALUE $1.00	F	14432	$104.09	Disposed	84927	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-12	Employee Stock Option (Right to Buy)	$64.78	M	18099	Disposed	2024-01-27	CRANE CO. COMMON, PAR VALUE $1.00 (18099.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
CRANE CO. COMMON, PAR VALUE $1.00	1707	Indirect

Footnotes

F1: Mr. Maue exercised 18,099 stock options, priced at $64.78 and due to expire 01/27/2024, at a market price of $104.09. The resulting after-tax gain was taken in the form of 3,667 shares of Crane Co. Common Stock, resulting in a net increase in Mr. Maue's direct holding by that amount, to 84,927 shares. Mr. Maue tendered 11,264 shares of previously owned stock to pay the exercise price of the option, and 3,168 shares were withheld to pay taxes on the resulting gain.

F2: Includes 4 shares stock acquired through the Company's dividend reinvestment plan.

F3: Between April 1, 2021, and July 31, 2021, the reporting person acquired 8 shares of the Company's stock through the Company's 401(K) plan.

F4: The options were granted 1/27/2014 with a ten-year term and vested 25% each year over four years.