Crane NXT, Co. — Director's Dealing 2021

Jun 1, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2021-05-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-28	CRANE CO. COMMON, PAR VALUE $1.00	M	28398	$58.47	Acquired	103747	Direct
2021-05-28	CRANE CO. COMMON, PAR VALUE $1.00	F	26147	$95.49	Disposed	77600	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-28	Employee Stock Option (Right to Buy)	$58.47	M	28398	Disposed	2025-01-26	CRANE CO. COMMON, PAR VALUE $1.00 (28398.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
CRANE CO. COMMON, PAR VALUE $1.00	1699	Indirect

Footnotes

F1: Mr. Maue exercised 28,398 stock options, priced at $58.47 and due to expire 01/26/2025, at a market price of $95.49. The resulting after-tax gain was taken in the form of 2,251 shares of Crane Co. Common Stock, resulting in a net increase in Mr. Maue's direct holding by that amount, to 77,600 shares. Mr. Maue tendered 17,389 shares of previously owned stock to pay the exercise price of the option, and 8,758 shares were withheld to pay taxes on the resulting gain.

F2: The options were granted 1/26/2015 with a ten-year term and vested 25% each year over four years.