Philip D. Fracassa - Nov 5, 2021 Form 4 Insider Report for TIMKEN CO (TKR)

Role
EVP & CFO
Signature
/s/ Philip D. Fracassa
Stock symbol
TKR
Transactions as of
Nov 5, 2021
Transactions value $
-$301,245
Form type
4
Date filed
11/9/2021, 03:32 PM
Previous filing
May 17, 2021
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TKR Common Stock Options Exercise $499K +11K +14.12% $45.35 88.9K Nov 5, 2021 Direct
transaction TKR Common Stock Tax liability -$130K -1.78K -2% $72.87 87.1K Nov 5, 2021 Direct
transaction TKR Common Stock Sale -$670K -9.22K -10.58% $72.71 77.9K Nov 5, 2021 Direct F1

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 -11K -50.87% $0.00 10.6K Nov 5, 2021 Common Stock 11K $45.35 Direct F2
* 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 $72.64 to $72.84. 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 11,000 stock options from 02/13/17 grant of 26,025 stock options (previously reported) that vested in 25% increments per year from the date of grant.