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CARPENTER TECHNOLOGY CORP Director's Dealing 2007

Jul 28, 2007

30520_dirs_2007-07-27_1b8a0af0-6903-40f6-897a-b49aade5231b.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: 2007-07-25

Reporting Person: WIDGE SUNIL Y (Sr. VP & Chief Technology Offi)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-07-25 Common Stock A 1272 Acquired 11858.3 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2298.277 Indirect

Footnotes

F1: The reporting person was granted a performance-based restricted stock award with an effective grant date of June 29, 2007, based on financial results for the fiscal year ended June 30, 2007, as approved on July 25, 2007, by the Audit/Finance Committee and the Human Resources Committee of Carpenter's Board of Directors.

F2: Includes shares acquired under the Carpenter Technology Corporation Dividend Reinvestment Program.

F3: 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.