CARPENTER TECHNOLOGY CORP — Director's Dealing 2005

Jul 22, 2005

SEC Form 4/A — Form 4/A

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2005-06-02

Reporting Person: TORCOLINI ROBERT J (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-06-02	Common Stock	M	6000	$19.6875	Acquired	94130.84	Direct
2005-06-02	Common Stock	M	4000	$24.00	Acquired	98130.84	Direct
2005-06-02	Common Stock	S	10000	$55.00	Disposed	88130.84	Direct
2005-06-03	Common Stock	M	14700	$24.00	Acquired	102830.84	Direct
2005-06-03	Common Stock	S	14700	$56.00	Disposed	88130.84	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-06-02	Employee Stock Option (Right to Buy)	$19.6875	M	6000	Disposed	2010-06-22	Common Stock (6000)	Direct
2005-06-02	Employee Stock Option (Right to Buy)	$24.00	M	4000	Disposed	2010-01-27	Common Stock (4000)	Direct
2005-06-03	Employee Stock Option (Right to Buy)	$24.00	M	14700	Disposed	2010-01-27	Common Stock (14700)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2433.48	Indirect

Footnotes

F1: Includes shares acquired under the Savings Plan of Carpenter Technology Corporation. The share balance under the Savings Plan of Carpenter Technology fluctuates due to rounding differences produced by the Plan's method of estimating shares.

F2: The reporting person was granted an option to buy shares of common stock under the Carpenter Technology Corporation Stock-Based Compensation Plan for Officers and Key Employees.

F3: The original filing shows a share balance at 6/2/05 that was 4,000 shares less than the actual balance. Consequently, all subsequent Filings from that point through this amendment were understated by 4,000 shares.