CARPENTER TECHNOLOGY CORP — Director's Dealing 2008

Oct 30, 2008

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2008-10-20

Reporting Person: ARMSTRONG TIMOTHY (VP - Research & Development)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1175	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$37.86	2018-08-25	Common Stock (1192)		Direct
Employee Stock Option (Right to Buy)	$37.86	2018-08-25	Common Stock (1192)		Direct
Employee Stock Option (Right to Buy)	$37.86	2018-08-25	Common Stock (1191)		Direct

Footnotes

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

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.