Richard G. Kyle - 31 Oct 2022 Form 4 Insider Report for TIMKEN CO (TKR)

Role
President and CEO, Director
Signature
/s/ Richard G. Kyle
Issuer symbol
TKR
Transactions as of
31 Oct 2022
Net transactions value
-$675,666
Form type
4
Filing time
02 Nov 2022, 18:20:43 UTC
Previous filing
04 Oct 2022
Next filing
15 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 $453,500 +10,000 +2.9% $45.35 349,843 31 Oct 2022 Direct
transaction TKR Common Stock Tax liability $107,810 -1,529 -0.44% $70.51 348,314 31 Oct 2022 Direct
transaction TKR Common Stock Sale $595,681 -8,471 -2.4% $70.32 339,843 31 Oct 2022 Direct F1
transaction TKR Common Stock Options Exercise $277,500 +10,000 +2.9% $27.75 349,843 31 Oct 2022 Direct
transaction TKR Common Stock Tax liability $183,185 -2,598 -0.74% $70.51 347,245 31 Oct 2022 Direct
transaction TKR Common Stock Sale $519,990 -7,402 -2.1% $70.25 339,843 31 Oct 2022 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 -10,000 -14% $0.000000 60,000 31 Oct 2022 Common Stock 10,000 $45.35 Direct F3
transaction TKR Employee Stock Option (right to buy) Options Exercise $0 -10,000 -50% $0.000000 10,000 31 Oct 2022 Common Stock 10,000 $27.75 Direct F4
* 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 $70.27 and $70.47. 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 $70.18 to $70.36. 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 10,000 stock options from 2/13/2017 grant of 117,750 stock options (previously reported) that vested in 25% increments per year from the date of grant.
F4 10,000 stock options from 2/11/2016 grant of 183,800 stock options (previously reported) that vested in 25% increments per year from the date of grant.