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FORM 4
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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,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(f) of the Investment Company Act of 1940
/ / Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
OMB Number: 3235-0287
Expires: September 30, 1998
Estimated average
burden hours
per response: 0.5
(Print or Type Response)
1. Name and Address of Reporting Person*
Rossin Ada E.
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(Last) (First) (Middle)
621 Trotwood Circle
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(Street)
Pittsburgh PA 15241
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(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Carpenter Technology Corporation (CRS)
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3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
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4. Statement for Month/Year
November 1997
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
/ / Director
/X/ 10% Owner
/ / Officer (Give Title)
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/ / Other (Specify)
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7. Individual or Joint/Group Filing (Check Applicable Line)
/X/ Form filed by One Reporting Person
/ / Form filed by More than One Reporting Person
Page 1 of 3
SEC 1474 (7-96)
<PAGE>
<TABLE>
<CAPTION>
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TABLE I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of
(Instr. 3) action action or Disposed of (D) Securities Form: Indirect
Date Code (Instr. 3, 4 and 5) Benefici- Direct (D) Beneficial
(Instr. 8) ally Owned or In- Ownership
--------- ----------- -------------------------- at End of direct (I) (Instr. 4)
(Month/ Code V Amount (A) or (D) Price Month (Instr. 4)
Day/ (Instr. 3
Year) and 4)
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock, $5.00
par value 11/21/97 G(1) 47,000 D 2,278,650 D
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Pursuant to
trusts created
by an Irrevocable
Deed of Trust
Common Stock, $5.00 dated July 12,
par value N/A 108,844 I 1989
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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).
</TABLE>
Page 2 of 3
SEC 1474 (7-96)
<PAGE>
<TABLE>
<CAPTION>
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TABLE II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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1. Title of 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date 7. Title and
Derivative sion or action action Derivative Exercisable Amount of
Security Exercise Date Code Securities and Under-
(Instr. 3) Price of (Month/ (Instr. 8) Acquired (A) Expiration lying
Deriva- Day/ or Disposed Date Securities
tive Year) of (D)(Instr. (Month/Day/ (Instr. 3
Security 3, 4 and 5) Year) and 4)
Date Expir- Amount or
Exer- ation Number of
Code V (A) (D) cisable Date Title Shares
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Not Applicable
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Table II (continued)
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8. Price of 9. Number of 10. Ownership 11. Nature of
Derivative Derivative Form of Indirect
Security Securities Derivative Beneficial
(Instr. 5) Benefic- Security: Ownership
ially Direct (D) (Instr. 4)
Owned at or Indirect
End of Month (I)(Instr. 4)
(Instr. 4)
<C> <C> <C> <C>
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</TABLE>
Explanation of Responses:
(1) Gift to irrevocable inter vivos trust for benefit of grandchildren
of reporting person.
** 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 provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form displays a
currently valid OMB Number.
/s/ C. J. Queenan, Jr.
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C.J. Queenan, Jr.
*as Attorney-in-Fact for
Ada E.Rossin
December 10, 1997
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Date
Page 3 of 3
SEC 1474 (7-96)6
