Richard G. Kyle - May 10, 2023 Form 4 Insider Report for TIMKEN CO (TKR)

Role
President and CEO, Director
Signature
/s/ Richard G. Kyle
Stock symbol
TKR
Transactions as of
May 10, 2023
Transactions value $
-$876,562
Form type
4
Date filed
5/11/2023, 05:48 PM
Previous filing
Apr 4, 2023
Next filing
May 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TKR Common Stock Options Exercise $1.34M +30K +7.83% $44.65 413K May 10, 2023 Direct
transaction TKR Common Stock Tax liability -$384K -5.15K -1.25% $74.49 408K May 10, 2023 Direct
transaction TKR Common Stock Sale -$1.83M -24.9K -6.09% $73.74 383K May 10, 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 -30K -100% $0.00* 0 May 10, 2023 Common Stock 30K $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 $73.44 to $74.25. 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.