(CXT)

Role: Sr, V.P., Gen. Couns. & Sec.
Signature: /s/ Anthony M. D'Iorio Anthony M. D'Iorio
Stock symbol: CXT
Transactions as of: May 27, 2021
Transactions value $: -$71,278
Form type: 4
Date filed: 5/28/2021, 05:04 PM
Previous filing: May 11, 2021
Next filing: Jan 26, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CXT	CRANE CO. COMMON, PAR VALUE $1.00	Options Exercise	$402K	+6.21K	+51.58%	$64.78	18.2K	May 27, 2021	Direct	F1
transaction	CXT	CRANE CO. COMMON, PAR VALUE $1.00	Tax liability	-$473K	-4.9K	-26.89%	$96.52	13.3K	May 27, 2021	Direct	F1
holding	CXT	CRANE CO. COMMON, PAR VALUE $1.00						1.03K	May 27, 2021	401(K)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CXT	Employee Stock Option (Right to Buy)	Options Exercise	$0	-6.21K	-100%	$0.00^*	0	May 27, 2021	CRANE CO. COMMON, PAR VALUE $1.00	6.21K	$64.78	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Mr. D'Iorio exercised 6,205 stock options, priced at $64.78 and due to expire 01/27/2024, at a market price of $96.52. The resulting after-tax gain was taken in the form of 1,302 shares of Crane Co. Common Stock, resulting in a net increase in Mr. D'Iorio's direct holding by that amount, to 13,333 shares. Mr. D'Iorio tendered 4,165 shares of previously owned stock to pay the exercise price of the option, and 738 shares were withheld to pay taxes on the resulting gain.
F2	The options were granted 01/27/2014 with a ten-year term and vested 25% each year over four years.

Content

Mr. D'Iorio exercised 6,205 stock options, priced at $64.78 and due to expire 01/27/2024, at a market price of $96.52. The resulting after-tax gain was taken in the form of 1,302 shares of Crane Co. Common Stock, resulting in a net increase in Mr. D'Iorio's direct holding by that amount, to 13,333 shares. Mr. D'Iorio tendered 4,165 shares of previously owned stock to pay the exercise price of the option, and 738 shares were withheld to pay taxes on the resulting gain.

The options were granted 01/27/2014 with a ten-year term and vested 25% each year over four years.