Crane NXT, Co. — Director's Dealing 2021

May 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2021-05-07

Reporting Person: D'Iorio Anthony M. (Sr, V.P., Gen. Couns. & Sec.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-07	CRANE CO. COMMON, PAR VALUE $1.00	M	8589	$43.57	Acquired	17545	Direct
2021-05-07	CRANE CO. COMMON, PAR VALUE $1.00	F	5514	$99.20	Disposed	12031	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-07	Employee Stock Option (Right to Buy)	$43.57	M	8589	Disposed	2026-01-25	CRANE CO. COMMON, PAR VALUE $1.00 (8589.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
CRANE CO. COMMON, PAR VALUE $1.00	1029	Indirect

Footnotes

F1: Mr. D'Iorio exercised 8,589 stock options, priced at $43.57 and due to expire 01/25/2026, at a market price of $99.20. The resulting after-tax gain was taken in the form of 3,075 shares of Crane Co. Common Stock, resulting in a net increase in Mr. D'Iorio's direct holding by that amount, to 11,988 shares. Mr. D'Iorio tendered 3,773 shares of previously owned stock to pay the exercise price of the option, and 1,741 shares were withheld to pay taxes on the resulting gain.

F2: Between January 30, 2021 and May 7, 2021, the reporting person acquired 74 shares of the Company's stock through the Company's 401(K) plan.

F3: The options were granted 1/25/2016 with a ten-year term and vested 25% each year over four years.