CARPENTER TECHNOLOGY CORP — Director's Dealing 2011

Aug 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2011-07-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-28	Common Stock	A	1438	—	Acquired	11823.64	Direct
2011-07-28	Common Stock	A	1174	—	Acquired	12997.64	Direct
2011-07-28	Common Stock	F	360	$56.52	Disposed	12637.64	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-28	Employee Stock Option (Right to Buy)	$56.52	A	375	Acquired	2021-07-28	Common Stock (375)	Direct
2011-07-28	Employee Stock Option (Right to Buy)	$56.52	A	374	Acquired	2021-07-28	Common Stock (374)	Direct
2011-07-28	Employee Stock Option (Right to Buy)	$56.52	A	374	Acquired	2021-07-28	Common Stock (374)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3425.4	Indirect

Footnotes

F1: The reporting person was granted restricted stock units under the Carpenter Technology Corporation Stock-Based Compensation Plan for Non-Employee Directors.

F2: The reporting person was granted shares under the Carpenter Technology Corporation Stock-Based Compensation Plan for Officers and Key Employees.

F3: In connection with the vesting of reported performance award under the Carpenter Technology Corporation Stock-Based Compensation Plan for Officers and Key Employees.

F4: 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.