CARPENTER TECHNOLOGY CORP — Director's Dealing 2008

Aug 14, 2008

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2008-06-30

Reporting Person: ANDERSON CARL G JR (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Units	$		Common Stock (11765.19)	11765.19	Direct
Stock Option (right to buy)	$9.90	2013-08-21	Common Stock (4000)	4000	Direct
Stock Option (right to buy)	$12.795	2013-10-27	Common Stock (8000)	8000	Direct
Stock Option (right to buy)	$53.87	2016-10-30	Common Stock (4000)	4000	Direct
Stock Option (right to buy)	$63.535	2017-10-15	Common Stock (3614)	3614	Direct

Footnotes

F1: Converts to common stock on a 1-for-1 basis

F2: Payable upon retirement

F3: Includes dividend equivalents

F4: The exercise price reflects the adjusted price resulting from a 2-for-1 stock split in the form of a 100% dividend, with the distribution having been made on November 15, 2007.

F5: The balance reflects the increase in derivative securities resulting from a 2-for-1 stock split in the form of a 100% dividend, with the distribution having been made on November 15, 2007.