CARPENTER TECHNOLOGY CORP — Director's Dealing 2012

May 1, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2012-04-27

Reporting Person: RALPH K DOUGLAS (Sr Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-27	Common Stock	S	1500	$56.46	Disposed	85606.73	Direct
2012-04-30	Common Stock	S	1500	$56.05	Disposed	84106.73	Direct
2012-05-01	Common Stock	S	1500	$55.43	Disposed	82606.73	Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 31, 2012.

F2: Includes shares acquired under the Carpenter Technology Corporation Dividend Reinvestment Program.