Sec Form 4 Filing - FAST ERIC C @ CRANE CO /DE/ - 2013-08-05

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
FAST ERIC C
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
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
100 FIRST STAMFORD PLACE
3. Date of Earliest Transaction (MM/DD/YY)
08/05/2013
(Street)
STAMFORD, CT06902-6784
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 07/26/2013 J V 73,133 ( 1 ) D $ 0 65,697 D
CRANE CO. COMMON, PAR VALUE $1.00 07/26/2013 J V 73,133 ( 1 ) A $ 0 276,013 I By GRAT
CRANE CO. COMMON, PAR VALUE $1.00 08/05/2013 S 28,598 ( 2 ) D $ 61.8232 ( 3 ) 247,415 I By GRAT
CRANE CO. COMMON, PAR VALUE $1.00 08/06/2013 S 35,907 ( 4 ) D $ 60.7693 ( 5 ) 211,508 I By GRAT
CRANE CO. COMMON, PAR VALUE $1.00 3,513 I 401(K)
CRANE CO. COMMON, PAR VALUE $1.00 72,522 I By family trusts
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
FAST ERIC C
100 FIRST STAMFORD PLACE
STAMFORD, CT06902-6784
X Chief Executive Officer
Signatures
Attorney In Fact, Christopher Dee 08/07/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On July 26, 2013, Mr. Fast contributed 73,133 shares of Crane Co. common stock to the Eric Carson Fast 2013 GRAT No. 2, a grantor retained annuity trust for the benefit of his spouse and adult children. This transaction does not affect the aggregate amount of Mr. Fast's holdings of Crane Co. stock.
( 2 )28,598 shares of Crane Co. common stock were sold by the Eric C. Fast 2011 GRAT No. 2, a grantor retained annuity trust for the benefit of Mr. Fast's spouse and adult children.
( 3 )Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $61.58 to $62.03. The reporting person undertakes to provide, upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
( 4 )35,907 shares of Crane Co. common stock were sold by the Eric C. Fast 2011 GRAT No. 2, a grantor retained annuity trust for the benefit of Mr. Fast's spouse and adult children.
( 5 )Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $60.46 to $61.68. The reporting person undertakes to provide, upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

Remarks:
After these transactions, Mr. Fast's total beneficial holdings of Crane Co. stock, including Restricted Share Units, are 388,040 shares.

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).
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