CARPENTER TECHNOLOGY CORP — Director's Dealing 2011

Jun 30, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2011-06-29

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-29	Common Stock	M	2959	$17.29	Acquired	14481.64	Direct
2011-06-29	Common Stock	S	1959	$56.96	Disposed	12522.64	Direct
2011-06-29	Common Stock	S	300	$56.94	Disposed	12222.64	Direct
2011-06-29	Common Stock	S	700	$56.95	Disposed	11522.64	Direct
2011-06-29	Common Stock	S	290	$57.28	Disposed	11232.64	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-29	Employee Stock Option (Right to Buy)	$17.29	M	2959	Disposed	2019-07-29	Common Stock (2959)	Direct

Footnotes

F1: 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.