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CARPENTER TECHNOLOGY CORP Director's Dealing 2006

Feb 22, 2006

30520_dirs_2006-02-22_5aecdf5e-1a44-4864-8675-2256181488c8.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2006-02-17

Reporting Person: ROSSIN ADA E (Right to Nominate Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-02-17 Common Stock S 900 $80.2969 Disposed 1600 Indirect
2006-02-21 Common Stock S 1600 $80.618 Disposed 0 Indirect
2006-02-17 Common Stock S 37500 $80.2969 Disposed 241970 Indirect
2006-02-21 Common Stock S 67200 $80.618 Disposed 174770 Indirect
2006-02-17 Common Stock S 1800 $80.2969 Disposed 23222 Indirect
2006-02-21 Common Stock S 3222 $80.618 Disposed 20000 Indirect
2006-02-17 Common Stock S 1844 $80.2969 Disposed 23178 Indirect
2006-02-21 Common Stock S 3178 $80.618 Disposed 20000 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 810100 Indirect

Footnotes

F1: Indirect ownership as co-Trustee of the Ada E. Rossin Revocable Trust dated 9/17/2003.

F2: Average trading price for shares sold; Price range of trades $80.00 to $80.75.

F3: Indirect ownership as co-Trustee of the 1989 Ada E. Rossin Charitable Remainder Unitrust.

F4: Average trading price for shares sold; Price range of trades $80.05 to $81.38.

F5: Indirect ownership as Trustee of the Ada E. Rossin QTIP Trust dated 9/1/1998.

F6: The sale of these shares is also being reported on a Form 4 filed by Peter N. Stephans, a Director of the Issuer.

F7: Indirect ownership as co-trustee of trusts created pursuant to an Irrevocable Deed of Trust dated July 12, 1989 (Peter C. and Ada E. Rossin, Grantors) for the benefit of E. L. Stephans. The reporting person disclaims beneficial ownership of these securities and the filing of this Form 4 is not an admission that the reporting person is the beneficial owner of these securities for the purposes of Section 16, or for any other purposes.

F8: Indirect ownership as co-trustee of trusts created pursuant to an Irrevocable Deed of Trust dated July 12, 1989 (Peter C. and Ada E. Rossin, Grantors) for the benefit of K. R. Stephans. The reporting person disclaims beneficial ownership of these securities and the filing of this Form 4 is not an admission that the reporting person is the beneficial owner of these securities for the purposes of Section 16, or for any other purposes.