Christopher A. Coughlin - 14 Feb 2023 Form 4 Insider Report for TIMKEN CO (TKR)

Signature
/s/ Christopher A. Coughlin
Issuer symbol
TKR
Transactions as of
14 Feb 2023
Net transactions value
-$4,607,594
Form type
4
Filing time
16 Feb 2023, 15:26:36 UTC
Previous filing
14 Feb 2023
Next filing
10 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TKR Common Stock Options Exercise $1,594,931 +57,475 +45% $27.75 184,592 14 Feb 2023 Direct
transaction TKR Common Stock Tax liability $1,433,808 -16,678 -9% $85.97 167,914 14 Feb 2023 Direct
transaction TKR Common Stock Sale $3,489,367 -40,797 -24% $85.53 127,117 14 Feb 2023 Direct F1
transaction TKR Common Stock Sale $1,279,350 -15,000 -12% $85.29 112,117 14 Feb 2023 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 -57,475 -100% $0.000000* 0 14 Feb 2023 Common Stock 57,475 $27.75 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 $85.04 to $85.99. 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 $85.06 to $85.46. 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 57,475 stock options from 2/11/2016 grant of 57,475 stock options (previously reported) that vested in 25% increments per year from the date of grant.