Philip D. Fracassa - 17 Feb 2023 Form 4 Insider Report for TIMKEN CO (TKR)

Role
EVP & CFO
Signature
/s/ Philip D. Fracassa
Issuer symbol
TKR
Transactions as of
17 Feb 2023
Net transactions value
-$1,073,469
Form type
4
Filing time
21 Feb 2023, 15:18:12 UTC
Previous filing
16 Feb 2023
Next filing
25 Aug 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 $1,057,545 +24,825 +25% $42.60 123,693 17 Feb 2023 Direct
transaction TKR Common Stock Tax liability $462,701 -5,374 -4.3% $86.10 118,319 17 Feb 2023 Direct
transaction TKR Common Stock Sale $1,668,312 -19,451 -16% $85.77 98,868 17 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 +24,825 $0.000000* 0 17 Feb 2023 Common Stock 24,825 $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 $85.34 to $86.23. 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 24,825 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.