CARPENTER TECHNOLOGY CORP — Director's Dealing 2010

Nov 2, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2010-10-29

Reporting Person: PRATT GREGORY A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-10-29	Common Stock	F	853	$35.66	Disposed	56060.267	Direct
2010-10-29	Common Stock	A	40	—	Acquired	56100.267	Direct
2010-10-29	Common Stock	F	40	$35.66	Disposed	56060.267	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-10-29	Employee Stock Units	$	D	40	Disposed		Common Stock (40)	Direct

Footnotes

F1: In connection with the vesting of previously reported restricted stock units.

F2: Conversion of tax shares for previously reported restricted stock units with deferred distribution.

F3: Includes dividend equivalents

F4: Converts to common stock on a 1-for-1 basis

F5: Distribution on Separation of Service

F6: The reporting person was granted restricted stock units under the Carpenter Technology Corporation Stock-Based Compensation Plan for Officers and Key Employees.