Philip D. Fracassa - 14 Feb 2023 Form 4 Insider Report for TIMKEN CO (TKR)

Role
EVP & CFO
Signature
/s/ Philip D. Fracassa
Issuer symbol
TKR
Transactions as of
14 Feb 2023
Net transactions value
-$430,463
Form type
4
Filing time
16 Feb 2023, 15:26:12 UTC
Previous filing
14 Feb 2023
Next filing
21 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 $426,000 +10,000 +10% $42.60 108,868 14 Feb 2023 Direct
transaction TKR Common Stock Tax liability $184,040 -2,151 -2% $85.56 106,717 14 Feb 2023 Direct
transaction TKR Common Stock Sale $672,424 -7,849 -7.4% $85.67 98,868 14 Feb 2023 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 +67% $0.000000 24,825 14 Feb 2023 Common Stock 10,000 $42.60 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 $85.55 to $85.78. 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 2/12/2019 grant of 34,825 stock options (previously reported) that vested in 25% increments per year from the date of grant.