CARPENTER TECHNOLOGY CORP — Director's Dealing 2018

May 22, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2018-05-21

Reporting Person: Audia Damon J (SVP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-21	Common Stock	M	3755	$31.30	Acquired	33121	Direct
2018-05-21	Common Stock	M	3754	$31.30	Acquired	36875	Direct
2018-05-21	Common Stock	M	5389	$39.02	Acquired	42264	Direct
2018-05-21	Common Stock	S	10215	$58.8627	Disposed	32049	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-21	Employee Stock Option	$31.30	M	3755	Disposed	2025-10-19	Common Stock (3755)	Direct
2018-05-21	Employee Stock Option	$31.30	M	3754	Disposed	2025-10-19	Common Stock (3754)	Direct
2018-05-21	Employee Stock Option	$39.02	M	5389	Disposed	2026-08-01	Common Stock (5389)	Direct

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 $58.55 per share to a high of $59.04 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.