Richard G. Kyle - 16 May 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
16 May 2023
Net transactions value
-$888,604
Form type
4
Filing time
17 May 2023, 17:31:35 UTC
Previous filing
11 May 2023
Next filing
25 May 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 $1,210,905 +28,425 +7.4% $42.60 411,507 16 May 2023 Direct
transaction TKR Common Stock Tax liability $385,684 -5,193 -1.3% $74.27 406,314 16 May 2023 Direct
transaction TKR Common Stock Sale $1,713,825 -23,232 -5.7% $73.77 383,082 16 May 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 -28,425 -21% $0.000000 110,000 16 May 2023 Common Stock 28,425 $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 $73.18 to $74.16. 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 28,425 stock options from 2/12/2019 grant of 138,425 stock options (previously reported) that vested in 25% increments per year from the date of grant.