Richard G. Kyle - 10 Feb 2023 Form 4 Insider Report for TIMKEN CO (TKR)

Role
President and CEO, Director
Signature
/s/ Richard G. Kyle
Issuer symbol
TKR
Transactions as of
10 Feb 2023
Net transactions value
-$3,844,316
Form type
4
Filing time
14 Feb 2023, 15:22:13 UTC
Previous filing
13 Feb 2023
Next filing
16 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 Award $0 +8,337 +2.5% $0.000000 348,180 10 Feb 2023 Direct F1
transaction TKR Common Stock Tax liability $298,095 -3,573 -1% $83.43 344,607 10 Feb 2023 Direct
transaction TKR Common Stock Award $0 +45,898 +13% $0.000000 390,505 10 Feb 2023 Direct F2
transaction TKR Common Stock Tax liability $1,575,175 -18,661 -4.8% $84.41 371,844 10 Feb 2023 Direct
transaction TKR Common Stock Award $0 +5,919 +1.6% $0.000000 377,763 10 Feb 2023 Direct F3
transaction TKR Common Stock Tax liability $211,662 -2,537 -0.67% $83.43 375,226 10 Feb 2023 Direct
transaction TKR Common Stock Award $0 +7,262 +1.9% $0.000000 382,488 10 Feb 2023 Direct F4
transaction TKR Common Stock Tax liability $259,634 -3,112 -0.81% $83.43 379,376 10 Feb 2023 Direct
transaction TKR Common Stock Award $0 +5,194 +1.4% $0.000000 384,570 12 Feb 2023 Direct F5
transaction TKR Common Stock Tax liability $124,144 -1,488 -0.39% $83.43 383,082 12 Feb 2023 Direct
transaction TKR Common Stock Options Exercise $277,500 +10,000 +2.6% $27.75 393,082 13 Feb 2023 Direct
transaction TKR Common Stock Tax liability $247,725 -2,895 -0.74% $85.57 390,187 13 Feb 2023 Direct
transaction TKR Common Stock Sale $606,412 -7,105 -1.8% $85.35 383,082 13 Feb 2023 Direct F6
transaction TKR Common Stock Options Exercise $907,000 +20,000 +5.2% $45.35 403,082 13 Feb 2023 Direct
transaction TKR Common Stock Tax liability $344,590 -4,027 -1% $85.57 399,055 13 Feb 2023 Direct
transaction TKR Common Stock Sale $1,361,379 -15,973 -4% $85.23 383,082 13 Feb 2023 Direct F7

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 -100% $0.000000* 0 13 Feb 2023 Common Stock 10,000 $27.75 Direct F8
transaction TKR Employee Stock Option (right to buy) Options Exercise $0 -20,000 -100% $0.000000* 0 13 Feb 2023 Common Stock 20,000 $45.35 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents vesting of 25% of the time-based restricted share units granted on February 10, 2020.
F2 Represents award of shares pursuant to vesting of performance-based restricted share units granted on February 10, 2020.
F3 Represents vesting of 25% of the time-based restricted share units granted on February 10, 2021.
F4 Represents vesting of 25% of the time-based restricted share units granted on February 10, 2022.
F5 Represents vesting of 25% of the time-based restricted share units granted on February 12, 2019.
F6 This transaction was executed in multiple trades at prices ranging from $85.28 to $85.45. 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.
F7 This transaction was executed in multiple trades at prices ranging from $85.07 to $85.51. 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.
F8 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.
F9 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.