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CARPENTER TECHNOLOGY CORP Director's Dealing 2007

Jun 29, 2007

30520_dirs_2007-06-29_d5893c04-eac5-4f78-a788-4139347daa10.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: 2007-06-27

Reporting Person: STEVENS ANNE (Director, Chairman, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-06-27 Common Stock A 3040 Acquired 13040 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-06-27 Employee Stock Option (Right to Buy) $128.34 A 4750 Acquired 2017-06-27 Common Stock (4750) Direct
2007-06-27 Employee Stock Option (Right to Buy) $128.34 A 4750 Acquired 2017-06-27 Common Stock (4750) Direct
2007-06-27 Employee Stock Option (Right to Buy) $128.34 A 4750 Acquired 2017-06-27 Common Stock (4750) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 21.996 Indirect

Footnotes

F1: The reporting person was granted restricted stock under the Carpenter Technology Corporation Stock-Based Compensation Plan for Officers and Key Employees.

F2: 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.

F3: 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.