Philip D. Fracassa - 04 Nov 2022 Form 4 Insider Report for TIMKEN CO (TKR)

Role
EVP & CFO
Signature
/s/ Philip D. Fracassa
Issuer symbol
TKR
Transactions as of
04 Nov 2022
Net transactions value
-$517,923
Form type
4
Filing time
08 Nov 2022, 15:06:40 UTC
Previous filing
12 Aug 2022
Next filing
13 Feb 2023
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 $866,210 +19,400 +23% $44.65 105,059 04 Nov 2022 Direct
transaction TKR Common Stock Tax liability $219,841 -3,092 -2.9% $71.10 101,967 04 Nov 2022 Direct
transaction TKR Common Stock Sale $438,198 -6,184 -6.1% $70.86 95,783 04 Nov 2022 Direct F1
transaction TKR Common Stock Sale $726,093 -10,124 -11% $71.72 85,659 04 Nov 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 Options (right to buy) Options Exercise $0 -19,400 -100% $0.000000* 0 04 Nov 2022 Common Stock 19,400 $44.65 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 $70.25 to $71.19. 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 $71.31 to $72.03. 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 19,400 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.