Ownership Submission
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

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Pinkham Louis V.
   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)
Senior Vice President
(Last)
(First)
(Middle)
100 FIRST STAMFORD PLACE		 3. Date of Earliest Transaction (Month/Day/Year)
02/19/2019
(Street)

STAMFORD, CT 06902-6784		 4. If Amendment, Date Original Filed(Month/Day/Year)
 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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 02/19/2019   M   10,111 A $ 73.9 43,930 D  
CRANE CO. COMMON, PAR VALUE $1.00 02/19/2019   S   10,111 (1) D $ 85.0263 (2) 33,819 D  
CRANE CO. COMMON, PAR VALUE $1.00 02/19/2019   M   28,182 A $ 43.57 62,001 D  
CRANE CO. COMMON, PAR VALUE $1.00 02/19/2019   S   28,182 (3) D $ 85.0263 (2) 33,819 D  
CRANE CO. COMMON, PAR VALUE $1.00 02/19/2019   M   12,424 A $ 58.47 46,243 D  
CRANE CO. COMMON, PAR VALUE $1.00 02/19/2019   S   12,424 (4) D $ 85.0263 (2) 33,819 D  
CRANE CO. COMMON, PAR VALUE $1.00 02/19/2019   M   4,386 A $ 64.78 38,205 D  
CRANE CO. COMMON, PAR VALUE $1.00 02/19/2019   S   4,386 (5) D $ 85.0263 (2) 33,819 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)		 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) $ 73.9 02/19/2019   M     10,111   (6) 01/30/2027 CRANE CO. COMMON, PAR VALUE $1.00 10,111 $ 0 10,112 D  
Employee Stock Option (Right to Buy) $ 43.57 02/19/2019   M     28,182   (7) 01/25/2026 CRANE CO. COMMON, PAR VALUE $1.00 28,182 $ 0 9,395 D  
Employee Stock Option (Right to Buy) $ 58.47 02/19/2019   M     12,424   (8) 01/26/2025 CRANE CO. COMMON, PAR VALUE $1.00 12,424 $ 0 0 D  
Employee Stock Option (Right to Buy) $ 64.78 02/19/2019   M     4,386   (9) 01/27/2024 CRANE CO. COMMON, PAR VALUE $1.00 4,386 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Pinkham Louis V.
100 FIRST STAMFORD PLACE
STAMFORD, CT 06902-6784		       Senior Vice President  

Signatures

 Attorney In Fact, Alishba Kassim   02/20/2019
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Concurrent sale of shares resulting from an exercise of options granted on 1/30/2017 and expiring on 1/30/2027.
(2) Weighted average price at which shares were sold in multiple same-day transactions at prices ranging from $84.6000 to $85.5950. 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.
(3) Concurrent sale of shares resulting from an exercise of options granted on 1/25/2016 and expiring on 1/25/2026.
(4) Concurrent sale of shares resulting from an exercise of options granted on 1/26/2015 and expiring on 1/26/2025.
(5) Concurrent sale of shares resulting from an exercise of options granted on 1/27/2014 and expiring on 1/27/2024.
(6) This option vested 25% on the first and 50% on the second anniversary of the grant date (01/30/2017). The remaining 50% will vest on the third and fourth anniversary of the grant date.
(7) This option vested 25% on the first, 50% on the second and 75% on the third anniversary of the grant date (01/25/2016). The remaining 25% will vest on the fourth anniversary of the grant date.
(8) This option vested 25% on the first, 50% on the second, 75% on the third and 100% on the fourth anniversary of the grant date (01/26/2015).
(9) This option vested 25% on the first, 50% on the second, 75% on the third and 100% on the fourth anniversary of the grant date (01/27/2014).

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