CARPENTER TECHNOLOGY CORP — Director's Dealing 2012

Aug 7, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2012-08-03

Reporting Person: Guglani Sanjay (VP-Premium Engineered Products)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-03	Common Stock	M	3575	$43.65	Acquired	25946.5	Direct
2012-08-03	Common Stock	M	8875	$17.29	Acquired	34821.5	Direct
2012-08-03	Common Stock	M	2562	$34.95	Acquired	37383.5	Direct
2012-08-03	Common Stock	S	15012	$48.226	Disposed	22371.5	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-03	Employee Stock Option (Right to Buy)	$43.65	M	3575	Disposed	2018-06-30	Common Stock (3575)	Direct
2012-08-03	Employee Stock Option (Right to Buy)	$17.29	M	8875	Disposed	2019-07-29	Common Stock (8875)	Direct
2012-08-03	Employee Stock Option (Right to Buy)	$34.95	M	2562	Disposed	2021-07-30	Common Stock (2562)	Direct

Footnotes

F1: One-third of this award became exercisable on each of 6/30/09, 6/30/10 and 6/30/11.

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.

F3: One-third of this award became exercisable on each of 7/29/10, 7/29/11 and 7/29/12.

F4: One-third of this award became exercisable on each of 7/30/11 and 7/30/12. The remaining one-third becomes exercisable on 7/30/13.