Richard G. Kyle - 14 Aug 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: 14 Aug 2023
Net transactions value: -$1,357,600
Form type: 4
Filing time: 15 Aug 2023, 17:35:58 UTC
Previous filing: 08 Aug 2023
Next filing: 18 Aug 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	$1,704,000	+40,000	+10%	$42.60	423,082	14 Aug 2023	Direct
transaction	TKR	Common Stock	Tax liability	$584,607	-7,621	-1.8%	$76.71	415,461	14 Aug 2023	Direct
transaction	TKR	Common Stock	Sale	$2,476,994	-32,379	-7.8%	$76.50	383,082	14 Aug 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	-40,000	-100%	$0.000000^*	0	14 Aug 2023	Common Stock	40,000	$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.