Richard G. Kyle - 14 Feb 2023 Form 4 Insider Report for TIMKEN CO (TKR)

Signature
/s/ Richard G. Kyle
Issuer symbol
TKR
Transactions as of
14 Feb 2023
Net transactions value
-$1,230,946
Form type
4
Filing time
16 Feb 2023, 15:26:55 UTC
Previous filing
14 Feb 2023
Next filing
23 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TKR Common Stock Options Exercise $1,339,500 +30,000 +7.8% $44.65 413,082 14 Feb 2023 Direct
transaction TKR Common Stock Tax liability $526,502 -6,150 -1.5% $85.61 406,932 14 Feb 2023 Direct
transaction TKR Common Stock Sale $2,043,945 -23,850 -5.9% $85.70 383,082 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 Option (right to buy) Options Exercise $0 +30,000 +49% $0.000000 91,300 14 Feb 2023 Common Stock 30,000 $44.65 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 $85.43 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 30,000 stock options from 2/12/2018 grant of 121,300 stock options (previously reported) that vested in 25% increments per year from the date of grant.