Richard G. Kyle - 21 Feb 2023 Form 4 Insider Report for TIMKEN CO (TKR)

Role
President and CEO, Director
Signature
/s/ Richard G. Kyle
Issuer symbol
TKR
Transactions as of
21 Feb 2023
Net transactions value
-$1,225,500
Form type
4
Filing time
23 Feb 2023, 15:35:40 UTC
Previous filing
16 Feb 2023
Next filing
28 Feb 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 $1,339,500 +30,000 +7.8% $44.65 413,082 21 Feb 2023 Direct
transaction TKR Common Stock Tax liability $525,056 -6,141 -1.5% $85.50 406,941 21 Feb 2023 Direct
transaction TKR Common Stock Sale $2,039,944 -23,859 -5.9% $85.50 383,082 21 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 -33% $0.000000 61,300 21 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 $85.48 to $85.52. 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.