Christopher A. Coughlin - 08 Feb 2024 Form 4 Insider Report for TIMKEN CO (TKR)

Role
EVP & Pres. Industrial Motion
Signature
/s/ Christopher A. Coughlin
Issuer symbol
TKR
Transactions as of
08 Feb 2024
Net transactions value
-$27,074
Form type
4
Filing time
12 Feb 2024, 12:13:35 UTC
Previous filing
03 Jan 2024
Next filing
13 Feb 2024
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 $0 +334 +0.37% $0.000000 89,673 08 Feb 2024 Direct
transaction TKR Common Stock Tax liability $27,074 -334 -0.37% $81.06 89,339 08 Feb 2024 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 Restricted Share Unit Award $0 +8,275 $0.000000 8,275 08 Feb 2024 Common Stock 8,275 $0.000000 Direct F2
transaction TKR Restricted Share Unit Award $0 +12,400 $0.000000 12,400 08 Feb 2024 Common Stock 12,400 $0.000000 Direct F3
transaction TKR Restricted Share Unit Options Exercise $0 -334 -4% $0.000000 7,941 08 Feb 2024 Common Stock 334 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 2/8/2024, the reporting person elected to withhold such shares to cover certain taxes in 2024 in connection with his retirement eligible status under the applicable grant agreement.
F2 Grant of 8,275 time-based restricted share units that vest 25% per year.
F3 Grant of 12,400 performance-based restricted share units subject to certain performance criteria between January 1, 2024 and December 31, 2026.
F4 Represents withholding on 2/8/2024 grant of 8,275 restricted share units reported above.