CARPENTER TECHNOLOGY CORP — Director's Dealing 2010

Oct 13, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2010-10-11

Reporting Person: TURNER KATHRYN C (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-10-11	Director Stock Units	$	A	4006	Acquired		Common Stock (4006)	Direct
2010-10-11	Director Stock Option (right to buy)	$35.92	A	1005	Acquired	2020-10-11	Common Stock (1005)	Direct

Footnotes

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

F2: Payable upon retirement

F3: The reporting person was granted restricted stock units under the Carpenter Technology Corporation Stock-Based Compensation Plan for Non-Employee Directors.

F4: Includes dividend equivalents

F5: 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.