Christopher A. Coughlin - Feb 8, 2024 Form 4 Insider Report for TIMKEN CO (TKR)

Role
EVP & Pres. Industrial Motion
Signature
/s/ Christopher A. Coughlin
Stock symbol
TKR
Transactions as of
Feb 8, 2024
Transactions value $
-$27,074
Form type
4
Date filed
2/12/2024, 12:13 PM
Previous filing
Jan 3, 2024
Next filing
Feb 13, 2024

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% $0.00 89.7K Feb 8, 2024 Direct
transaction TKR Common Stock Tax liability -$27.1K -334 -0.37% $81.06 89.3K Feb 8, 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 +8.28K $0.00 8.28K Feb 8, 2024 Common Stock 8.28K $0.00 Direct F2
transaction TKR Restricted Share Unit Award $0 +12.4K $0.00 12.4K Feb 8, 2024 Common Stock 12.4K $0.00 Direct F3
transaction TKR Restricted Share Unit Options Exercise $0 -334 -4.04% $0.00 7.94K Feb 8, 2024 Common Stock 334 $0.00 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.