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

Role
EVP & CFO
Signature
/s/ Philip D. Fracassa
Stock symbol
TKR
Transactions as of
Feb 17, 2023
Transactions value $
-$1,073,469
Form type
4
Date filed
2/21/2023, 03:18 PM
Previous filing
Feb 16, 2023
Next filing
Aug 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TKR Common Stock Options Exercise $1.06M +24.8K +25.11% $42.60 124K Feb 17, 2023 Direct
transaction TKR Common Stock Tax liability -$463K -5.37K -4.34% $86.10 118K Feb 17, 2023 Direct
transaction TKR Common Stock Sale -$1.67M -19.5K -16.44% $85.77 98.9K Feb 17, 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 +24.8K $0.00* 0 Feb 17, 2023 Common Stock 24.8K $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.