CARPENTER TECHNOLOGY CORP — Director's Dealing 2010

Aug 10, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2010-08-06

Reporting Person: TURNER KATHRYN C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-06	Common Stock	M	4000	$14.53	Acquired	8049.58	Direct
2010-08-06	Common Stock	S	2500	$34.84	Disposed	5549.58	Direct
2010-08-06	Common Stock	S	612	$35.80	Disposed	4937.58	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-08-06	Director Stock Option (Right to Buy)	$14.53	M	4000	Disposed	2010-10-23	Common Stock (4000)	Direct

Footnotes

F1: Includes shares acquired under the Carpenter Technology Corporation Dividend Reinvestment Program.