Philip D. Fracassa - 11 Aug 2022 Form 4 Insider Report for TIMKEN CO (TKR)

Role
EVP & CFO
Signature
/s/ Philip D. Fracassa
Issuer symbol
TKR
Transactions as of
11 Aug 2022
Net transactions value
-$241,800
Form type
4
Filing time
12 Aug 2022, 16:04:18 UTC
Previous filing
31 May 2022
Next filing
08 Nov 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 $446,500 +10,000 +12% $44.65 95,659 11 Aug 2022 Direct
transaction TKR Common Stock Tax liability $104,771 -1,516 -1.6% $69.11 94,143 11 Aug 2022 Direct
transaction TKR Common Stock Sale $583,530 -8,484 -9% $68.78 85,659 11 Aug 2022 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 Options (right to buy) Options Exercise $0 +10,000 +106% $0.000000 19,400 11 Aug 2022 Common Stock 10,000 $44.65 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 $68.74 to $68.90. 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 10,000 stock options from 2-12-2018 grant of 29,400 stock options (previously reported) that vested in 25% increments per year from the date of grant.