Richard G. Kyle - Aug 14, 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
Aug 14, 2023
Transactions value $
-$1,357,600
Form type
4
Date filed
8/15/2023, 05:35 PM
Previous filing
Aug 8, 2023
Next filing
Aug 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TKR Common Stock Options Exercise $1.7M +40K +10.44% $42.60 423K Aug 14, 2023 Direct
transaction TKR Common Stock Tax liability -$585K -7.62K -1.8% $76.71 415K Aug 14, 2023 Direct
transaction TKR Common Stock Sale -$2.48M -32.4K -7.79% $76.50 383K Aug 14, 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 -40K -100% $0.00* 0 Aug 14, 2023 Common Stock 40K $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 $76.08 to $76.93. 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 40,000 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.