CARPENTER TECHNOLOGY CORP — Director's Dealing 2018

May 16, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2018-05-15

Reporting Person: DEE JAMES D (VP, Gen Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-15	Common Stock	M	4952	$34.77	Acquired	34767.268	Direct
2018-05-15	Common Stock	S	3684	$58.33	Disposed	31083.268	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-15	Employee Stock Options	$34.77	M	1651	Disposed	2020-09-13	Common Stock (1651)	Direct
2018-05-15	Employee Stock Options	$34.77	M	1651	Disposed	2020-09-13	Common Stock (1651)	Direct
2018-05-15	Employee Stock Options	$34.77	M	1650	Disposed	2020-09-13	Common Stock (1650)	Direct

Footnotes

F1: Includes shares acquired under the Carpenter Technology Corporation Dividend Reinvestment Program.

F2: The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $58.31 per share to a high of $58.33 per share.

F3: 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.