FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

BIGELOW E THAYER 		2. Issuer Name and Ticker or Trading Symbol

CRANE CO /DE/ [ CR ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

100 FIRST STAMFORD PLACE 		3. Date of Earliest Transaction (MM/DD/YYYY)

8/28/2017
(Street)

STAMFORD, CT 06902-6784
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
CRANE CO. COMMON, PAR VALUE $1.00   8/28/2017     M    2000   A $36.26   21791   I   By E.T. Bigelow, Jr. Revocable Trust   (1)
CRANE CO. COMMON, PAR VALUE $1.00   8/28/2017     M    2000   A $47.08   23791   I   By E.T. Bigelow, Jr. Revocable Trust   (1)
CRANE CO. COMMON, PAR VALUE $1.00   8/28/2017     M    2000   A $46.99   25791   I   By E.T. Bigelow, Jr. Revocable Trust   (1)
CRANE CO. COMMON, PAR VALUE $1.00   8/28/2017     S    6000   (2) D $73.7306   19791   I   By E.T. Bigelow, Jr. Revocable Trust   (1)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Director Stock Option(Right to Buy)   $36.26   8/28/2017     M         2000      (3) 4/19/2020   CRANE CO. COMMON, PAR VALUE $1.00   2000.0   $0   0   I   By E.T. Bigelow, Jr. Revocable Trust   (1)
Director Stock Option(Right to Buy)   $47.08   8/28/2017     M         2000      (4) 4/18/2021   CRANE CO. COMMON, PAR VALUE $1.00   2000.0   $0   0   I   By E.T. Bigelow, Jr. Revocable Trust   (1)
Director Stock Option(Right to Buy)   $46.99   8/28/2017     M         2000      (5) 4/23/2022   CRANE CO. COMMON, PAR VALUE $1.00   2000.0   $0   0   I   By E.T. Bigelow, Jr. Revocable Trust   (1)

Explanation of Responses:
(1)  On March 13, 2017 these options were transferred by Mr. Bigelow to a revocable trust of which he is trustee.
(2)  Concurrent sale of shares resulting from an exercise of options granted on 4/19/2010 and expiring on 4/19/2020, exercise of options granted on 4/18/2011 and expiring on 4/18/2021, and exercise of options granted on 4/23/2012 and expiring on 4/23/2022.
(3)  This option was granted 4/19/2010 with a ten-year term, and vested 25% each year over four years.
(4)  This option was granted 4/18/2011 with a ten-year term, and vested 25% each year over four years.
(5)  This option was granted 4/23/2012 with a ten-year term, and vested 25% each year over four years.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
BIGELOW E THAYER
100 FIRST STAMFORD PLACE
STAMFORD, CT 06902-6784 		X



Signatures
Attorney In Fact, Christopher Dee 8/29/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Crane (NYSE:CR)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Crane Charts.
Crane (NYSE:CR)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Crane Charts.