SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

LAIN TIMOTHY

(Last)

(First)

(Middle)

C/O CARPENTER TECHNOLOGY CORPORATION

1735 MARKET STREET, 15TH FL

(Street)

PHILADELPHIA

19103

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CARPENTER TECHNOLOGY CORP [ CRS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP-Controller, Chf Acctg Ofcr

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2018

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/04/2018		M		300	A	$43.65	11,288	D
Common Stock	05/04/2018		M		300	A	$17.29	11,588	D
Common Stock	05/04/2018		M		407	A	$33.85	11,995	D
Common Stock	05/04/2018		S		1,007	D	$54.9967⁽¹⁾	10,992.749⁽²⁾	D
Common Stock								2,061.014⁽³⁾	I	By 401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option	$43.65	05/04/2018		M			100	06/30/2009	06/30/2018	Common Stock	100	⁽⁴⁾	0	D
Employee Stock Option	$43.65	05/04/2018		M			100	06/30/2010	06/30/2018	Common Stock	100	⁽⁴⁾	0	D
Employee Stock Option	$43.65	05/04/2018		M			100	06/30/2011	06/30/2018	Common Stock	100	⁽⁴⁾	0	D
Employee Stock Option	$17.29	05/04/2018		M			100	07/29/2010	07/29/2019	Common Stock	100	⁽⁴⁾	0	D
Employee Stock Option	$17.29	05/04/2018		M			100	07/29/2011	07/29/2019	Common Stock	100	⁽⁴⁾	0	D
Employee Stock Option	$17.29	05/04/2018		M			100	07/29/2012	07/29/2019	Common Stock	100	⁽⁴⁾	0	D
Employee Stock Option	$33.85	05/04/2018		M			136	08/17/2011	08/17/2020	Common Stock	136	⁽⁴⁾	0	D
Employee Stock Option	$33.85	05/04/2018		M			136	08/17/2012	08/17/2020	Common Stock	136	⁽⁴⁾	0	D
Employee Stock Option	$33.85	05/04/2018		M			135	08/17/2013	08/17/2020	Common Stock	135	⁽⁴⁾	0	D

Explanation of Responses:

1. 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.

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

3. 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.

4. 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.

Remarks:

	James D. Dee/POA	05/08/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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