CARPENTER TECHNOLOGY CORP — Director's Dealing 2008

Oct 15, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2008-10-13

Reporting Person: ANDERSON CARL G JR (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-10-13	Stock Options (Right to buy)	$22.35	A	8000	Acquired	2018-10-13	Common Stock (8000)	Direct
2008-10-13	Stock Units	$	A	2013.4228	Acquired		Common Stock (2013.4228)	Direct

Footnotes

F1: The reporting person was granted an option to buy shares of common stock under the Carpenter Technology Corporation Stock-Based Compensation Plan for Non-Employee Directors.

F2: Converts to common stock on a 1-for-1 basis

F3: Payable upon retirement

F4: Includes dividend equivalents