Tony R. Thene - Sep 19, 2023 Form 4 Insider Report for CARPENTER TECHNOLOGY CORP (CRS)

Role
President and CEO
Signature
James D. Dee/POA
Stock symbol
CRS
Transactions as of
Sep 19, 2023
Transactions value $
-$3,990,163
Form type
4
Date filed
9/21/2023, 04:45 PM
Previous filing
Aug 21, 2023
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRS Common Stock Options Exercise $716K +19.4K +5.59% $36.82 367K Sep 19, 2023 Direct F1
transaction CRS Common Stock Options Exercise $2.52M +64.7K +17.61% $39.02 432K Sep 19, 2023 Direct F1
transaction CRS Common Stock Options Exercise $8.79M +225K +52.16% $39.02 657K Sep 19, 2023 Direct F1
transaction CRS Common Stock Tax liability -$16M -235K -35.82% $68.06 422K Sep 19, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRS Employee Stock Option (Right to Buy) Options Exercise -19.4K -100% 0 Sep 19, 2023 Common Stock 19.4K $36.82 Direct F2
transaction CRS Employee Stock Option (Right to Buy) Options Exercise -64.7K -100% 0 Sep 19, 2023 Common Stock 64.7K $39.02 Direct F2, F3
transaction CRS Employee Stock Option (Right to Buy) Options Exercise -225K -100% 0 Sep 19, 2023 Common Stock 225K $39.02 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction reported in this line was undertaken by the Reporting Person for tax planning purposes.
F2 The reporting person was granted an option to buy shares of common stock under the Carpenter Technology Corporation Stock-Based Incentive Compensation Plan for Officers and Key Employees.
F3 One-third of this award became exercisable on each of August 1, 2017, 2018 and 2019.