CARPENTER TECHNOLOGY CORP — Director's Dealing 2011

Oct 31, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2011-10-27

Reporting Person: CRAMSEY THOMAS F (VP-Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-27	Common Stock	S	600	$59.03	Disposed	12037.64	Direct
2011-10-27	Common Stock	M	1000	$17.29	Acquired	13037.64	Direct
2011-10-27	Common Stock	S	1000	$59.012	Disposed	12037.64	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-10-27	Employee Stock Option (right to buy)	$17.29	M	1000	Disposed	2019-07-29	Common Stock (1000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3438.29	Indirect

Footnotes

F1: The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $59.01 per share to a high of $59.02 per share.

F2: The reporting person was granted an option to buy shares of common stock under the Carpenter Technology Corporation Stock-Based Compensation Plan for Officers and Key Employees.