Karl Andreas Roellgen - 14 May 2021 Form 4 Insider Report for TIMKEN CO (TKR)

Role
VP - Europe, Asia and Africa
Signature
/s/ Karl Andreas Roellgen
Issuer symbol
TKR
Transactions as of
14 May 2021
Net transactions value
-$35.2
Form type
4
Filing time
17 May 2021, 16:32:50 UTC
Next filing
14 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TKR Common Stock Options Exercise $291,485 +6,975 +16% $41.79 50,455 14 May 2021 Direct
transaction TKR Common Stock Tax liability $291,504 -3,289 -6.5% $88.63 47,166 14 May 2021 Direct F1, F2
transaction TKR Common Stock Options Exercise $320,512 +11,550 +24% $27.75 58,716 14 May 2021 Direct
transaction TKR Common Stock Tax liability $320,529 -3,612 -6.2% $88.74 55,104 14 May 2021 Direct F1, F3
holding TKR Common Stock 3,804 14 May 2021 TESOP

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 TKR Employee Stock Option (right to buy) Options Exercise $0 -6,975 -100% $0.000000* 0 14 May 2021 Common Stock 6,975 $41.79 Direct F4
transaction TKR Employee Stock Option (right to buy) Options Exercise $0 -11,550 -100% $0.000000* 0 14 May 2021 Common Stock 11,550 $27.75 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares sold to cover the exercise price for options exercised via a cashless hold.
F2 This transaction was executed in multiple trades at prices ranging from $88.58 to $88.74. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $88.62 to $88.86. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 6,975 stock options granted on 02/12/15 (previously reported) that vested in 25% increments per year from the date of grant.
F5 11,550 stock options granted on 02/11/16 (previously reported) that vested in 25% increments per year from the date of grant.