Richard G. Kyle - Nov 14, 2022 Form 4 Insider Report for TIMKEN CO (TKR)

Role
President and CEO, Director
Signature
/s/ Richard G. Kyle
Stock symbol
TKR
Transactions as of
Nov 14, 2022
Transactions value $
-$573,799
Form type
4
Date filed
11/15/2022, 04:23 PM
Previous filing
Nov 2, 2022
Next filing
Nov 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TKR Common Stock Options Exercise $907K +20K +5.89% $45.35 360K Nov 14, 2022 Direct
transaction TKR Common Stock Tax liability -$246K -3.32K -0.92% $74.09 357K Nov 14, 2022 Direct
transaction TKR Common Stock Sale -$1.23M -16.7K -4.68% $74.03 340K Nov 14, 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 Option (right to buy) Options Exercise $0 -20K -33.33% $0.00 40K Nov 14, 2022 Common Stock 20K $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 $73.72 to $74.33. 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 20,000 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.