CARPENTER TECHNOLOGY CORP — Director's Dealing 2018

May 8, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2018-05-04

Reporting Person: LAIN TIMOTHY (VP-Controller, Chf Acctg Ofcr)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-04	Common Stock	M	300	$43.65	Acquired	11288	Direct
2018-05-04	Common Stock	M	300	$17.29	Acquired	11588	Direct
2018-05-04	Common Stock	M	407	$33.85	Acquired	11995	Direct
2018-05-04	Common Stock	S	1007	$54.9967	Disposed	10992.749	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-04	Employee Stock Option	$43.65	M	100	Disposed	2018-06-30	Common Stock (100)	Direct
2018-05-04	Employee Stock Option	$43.65	M	100	Disposed	2018-06-30	Common Stock (100)	Direct
2018-05-04	Employee Stock Option	$43.65	M	100	Disposed	2018-06-30	Common Stock (100)	Direct
2018-05-04	Employee Stock Option	$17.29	M	100	Disposed	2019-07-29	Common Stock (100)	Direct
2018-05-04	Employee Stock Option	$17.29	M	100	Disposed	2019-07-29	Common Stock (100)	Direct
2018-05-04	Employee Stock Option	$17.29	M	100	Disposed	2019-07-29	Common Stock (100)	Direct
2018-05-04	Employee Stock Option	$33.85	M	136	Disposed	2020-08-17	Common Stock (136)	Direct
2018-05-04	Employee Stock Option	$33.85	M	136	Disposed	2020-08-17	Common Stock (136)	Direct
2018-05-04	Employee Stock Option	$33.85	M	135	Disposed	2020-08-17	Common Stock (135)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2061.014	Indirect

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 $54.98 per share to a high of $55.02 per share.

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

F3: Includes shares acquired under the Savings Plan of Carpenter Technology Corporation. The share balance under the Savings Plan of Carpenter Technology fluctuates due to rounding differences produced by the Plan's method of estimating shares.

F4: 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.