FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

1. Name and Address of Reporting Person *

LAIN TIMOTHY

2. Date of Event Requiring Statement (MM/DD/YYYY)
6/13/2013 

3. Issuer Name and Ticker or Trading Symbol

CARPENTER TECHNOLOGY CORP [CRS]

(Last)        (First)        (Middle)

C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662

4. 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 /

(Street)

READING, PA 19612       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   968   (1) D  
 
Common Stock   1588.667   I   By 401(k) Plan  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy)     (2) 6/30/2018   Common Stock   300   $43.65   D  
 
Employee Stock Option (Right to Buy)     (3) 7/29/2019   Common Stock   300   $17.29   D  
 
Employee Stock Option (Right to Buy)     (4) 8/17/2020   Common Stock   407   $33.85   D  
 
Employee Stock Option (Right to Buy)     (5) 7/28/2021   Common Stock   225   $56.52   D  
 
Employee Stock Option (Right to Buy)     (6) 8/27/2022   Common Stock   252   $48.85   D  
 

Explanation of Responses:
( 1)  The reporting person was granted restricted stock units under the Carpenter Technology Corporation Stock-Based Compensation Plan for Officers and Key Employees.
( 2)  One-third of this award became exercisable on each of 06/30/09, 06/30/10 and 06/30/11.
( 3)  One-third of this award became exercisable on each of 07/29/10, 07/29/11 and 07/29/12
( 4)  One-third of this award became exercisable on each of 08/17/11 and 08/17/12; one-third will become exercisable on 08/17/13.
( 5)  One-third of this award became exercisable on 07/28/12; one-third will become exercisable on each of 07/28/13 and 07/28/14.
( 6)  One-third of this award will become exercisable on each of 08/27/13, 08/27/14 and 08/27/15.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
LAIN TIMOTHY
C/O CARPENTER TECHNOLOGY CORPORATION
PO BOX 14662
READING, PA 19612


VP-Controller, Chf Acctg Ofcr

Signatures
/s/Timothy Lain 6/21/2013
** 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 5(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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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