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

Role
EVP & Pres. Industrial Motion
Signature
/s/ Christopher A. Coughlin
Stock symbol
TKR
Transactions as of
Feb 14, 2023
Transactions value $
-$4,607,594
Form type
4
Date filed
2/16/2023, 03:26 PM
Previous filing
Feb 14, 2023
Next filing
May 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TKR Common Stock Options Exercise $1.59M +57.5K +45.21% $27.75 185K Feb 14, 2023 Direct
transaction TKR Common Stock Tax liability -$1.43M -16.7K -9.04% $85.97 168K Feb 14, 2023 Direct
transaction TKR Common Stock Sale -$3.49M -40.8K -24.3% $85.53 127K Feb 14, 2023 Direct F1
transaction TKR Common Stock Sale -$1.28M -15K -11.8% $85.29 112K Feb 14, 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 -57.5K -100% $0.00* 0 Feb 14, 2023 Common Stock 57.5K $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.