Richard G. Kyle - May 18, 2021 Form 4 Insider Report for TIMKEN CO (TKR)

Role
President and CEO, Director
Signature
/s/ Richard G. Kyle
Stock symbol
TKR
Transactions as of
May 18, 2021
Transactions value $
-$2,089,900
Form type
4
Date filed
5/19/2021, 04:56 PM
Previous filing
May 11, 2021
Next filing
Jun 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TKR Common Stock Options Exercise $2.17M +47.8K +16.11% $45.35 344K May 18, 2021 Direct
transaction TKR Common Stock Tax liability -$907K -10.1K -2.94% $89.69 334K May 18, 2021 Direct
transaction TKR Common Stock Sale -$3.17M -35.6K -10.66% $88.93 298K May 18, 2021 Direct F1
transaction TKR Common Stock Sale -$180K -2.01K -0.67% $89.56 296K May 18, 2021 Direct F2

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 -47.8K -40.55% $0.00 70K May 18, 2021 Common Stock 47.8K $45.35 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $88.52 to $89.51. 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.
F2 This transaction was executed in multiple trades at prices ranging from $89.53 to $89.62. 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 47,750 stock options from 02/13/17 grant of 117,750 stock options (previously reported) that vested in 25% increments per year from the date of grant.