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CARPENTER TECHNOLOGY CORP Director's Dealing 2006

Aug 14, 2006

30520_dirs_2006-08-14_c3a07243-f342-498e-ab5b-f8eb39c29b21.zip

Director's Dealing

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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2006-06-30

Reporting Person: GEREMSKI TERRENCE E (Sr. VP-Finance and CFO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2005-12-31 Series A Convertible Preferred Stock Units $0 A 24.16 Acquired Common Stock (24.16) Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 26696.37 Direct
Common Stock 23.98 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: Series A Convertible Preferred Stock units were allocated to Participants under the Carpenter Technology Corporation Employee Stock Ownership Plan. Units, which are convertible into shares of common stock, vest after the completion of five years of employment, subject to certain conditions.

F3: Includes dividend equivalents