Sec Form 4 Filing - D'Iorio Anthony M. @ CRANE CO /DE/ - 2021-05-07

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 D'Iorio Anthony M. 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) Sr, V.P., Gen. Couns. & Sec. (Last) (First) (Middle) 100 FIRST STAMFORD PLACE 3. Date of Earliest Transaction (MM/DD/YY) 05/07/2021 (Street) STAMFORD, CT06902 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 05/07/2021 M 8,589 ( 1 ) A $ 43.57 17,545 D CRANE CO. COMMON, PAR VALUE $1.00 05/07/2021 F 5,514 ( 1 ) D $ 99.2 12,031 D CRANE CO. COMMON, PAR VALUE $1.00 1,029 ( 2 ) I 401(K)

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 Employee Stock Option (Right to Buy) $ 43.57 05/07/2021 M 8,589 ( 3 ) 01/25/2026 CRANE CO. COMMON, PAR VALUE $1.00 8,589 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other D'Iorio Anthony M. 100 FIRST STAMFORD PLACE STAMFORD, CT06902 Sr, V.P., Gen. Couns. & Sec. Signatures /s/ Anthony M. D'IorioAnthony M. D'Iorio 05/11/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Mr. D'Iorio exercised 8,589 stock options, priced at $43.57 and due to expire 01/25/2026, at a market price of $99.20. The resulting after-tax gain was taken in the form of 3,075 shares of Crane Co. Common Stock, resulting in a net increase in Mr. D'Iorio's direct holding by that amount, to 11,988 shares. Mr. D'Iorio tendered 3,773 shares of previously owned stock to pay the exercise price of the option, and 1,741 shares were withheld to pay taxes on the resulting gain. ( 2 )Between January 30, 2021 and May 7, 2021, the reporting person acquired 74 shares of the Company's stock through the Company's 401(K) plan. ( 3 )The options were granted 1/25/2016 with a ten-year term and vested 25% each year over four years.

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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