Sec Form 4 Filing - Maue Richard A @ CRANE CO /DE/ - 2017-01-27

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 Maue Richard A 2. Issuer Name and Ticker or Trading Symbol CRANE CO /DE/ [ CR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) V.P. Finance & CFO (Last) (First) (Middle) 100 FIRST STAMFORD PLACE 3. Date of Earliest Transaction (MM/DD/YY) 01/27/2017 (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 01/27/2017 M 376 ( 1 ) A $ 0 39,228 D CRANE CO. COMMON, PAR VALUE $1.00 01/27/2017 F 148 ( 1 ) D $ 74.35 39,080 D CRANE CO. COMMON, PAR VALUE $1.00 01/30/2017 M 463 ( 2 ) A $ 0 39,543 D CRANE CO. COMMON, PAR VALUE $1.00 01/30/2017 F 172 ( 2 ) D $ 73.9 39,371 D

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 Restricted Share Unit ( 3 ) 01/27/2017 M 376 ( 1 ) ( 3 ) ( 4 ) CRANE CO. COMMON, PAR VALUE $1.00 376 $ 0 4,190 D Restricted Share Unit ( 5 ) 01/30/2017 M 463 ( 2 ) ( 5 ) ( 4 ) CRANE CO. COMMON, PAR VALUE $1.00 463 $ 0 3,727 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Maue Richard A 100 FIRST STAMFORD PLACE STAMFORD, CT06902-6784 V.P. Finance & CFO Signatures Attorney In Fact, Christopher Dee 01/31/2017 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On January 27, 2017, 376 Restricted Share Units, which represent the right to receive one share of Crane Co. Common Stock, previously reported as beneficially owned by the reporting person, vested due to the passage of time, and 148 shares were withheld to pay taxes on the resulting gain, resulting in a net issuance of 228 shares of Crane Co. Common Stock. ( 2 )On January 30, 2017, 463 Restricted Share Units, which represent the right to receive one share of Crane Co. Common Stock, previously reported as beneficially owned by the reporting person, vested due to the passage of time, and 172 shares were withheld to pay taxes on the resulting gain, resulting in a net issuance of 291 shares of Crane Co. Common Stock. ( 3 )25% of the Restricted Share Units granted will be converted into shares of Common Stock on each of the first, second, third and fourth anniversaries of the grant date (January 27, 2014), provided the recipient remains employed by the Company; all Restricted Share Units will be converted into shares of Common Stock upon retirement, death, permanent disability, or in the event of a change in control of the Company. ( 4 )A Restricted Share Unit is forfeited if the recipient ceases to be employed by the Company before it has been converted to Common Stock. ( 5 )25% of the Restricted Share Units granted will be converted into shares of Common Stock on each of the first, second, third and fourth anniversaries of the grant date (January 30, 2013), provided the recipient remains employed by the Company; all Restricted Share Units will be converted into shares of Common Stock upon retirement, death, permanent disability, or termination following a change in control of the Company.

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).

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