Crane NXT, Co. — Director's Dealing 2022

Feb 10, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2022-02-07

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-07	2022 Performance-Based Restricted Share Unit	$	A	3932	Acquired		CRANE CO. COMMON, PAR VALUE $1.00 (3932.0)	Direct
2022-02-07	Employee Stock Option (Right to Buy)	$101.72	A	6152	Acquired	2032-02-07	CRANE CO. COMMON, PAR VALUE $1.00 (6152.0)	Direct
2022-02-07	Restricted Share Unit	$	A	1966	Acquired		CRANE CO. COMMON, PAR VALUE $1.00 (1966.0)	Direct

Footnotes

F1: Each 2022 Performance-Based RSU represents a contingent right to receive a number of shares of Crane Co. common stock between zero and 2.00.

F2: 2022 Performance-Based RSUs vest on December 31, 2024, if Crane Co.'s common stock achieves certain performance criteria for each fiscal year over the three years ending December 31, 2024, and contingent on continued employment with Crane Co., subject to certain exceptions.

F3: Options become exercisable 25% on the first anniversary, 50% on the second anniversary, 75% on the third anniversary and 100% on the fourth anniversary of the date of grant.

F4: Restricted Share Units convert into common stock on a one-for-one basis.

F5: Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.

F6: Restricted Share Units are forfeited if the recipient resigns, or employment is terminated, before it has been converted to common stock.