Tarak Mehta - 05 Sep 2024 Form 4 Insider Report for TIMKEN CO (TKR)

Role
President and CEO, Director
Signature
/s/ Tarak Mehta
Issuer symbol
TKR
Transactions as of
05 Sep 2024
Net transactions value
$0
Form type
4
Filing time
06 Sep 2024, 16:30:12 UTC
Next filing
11 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TKR Common Stock Award $0 +25,300 $0.000000 25,300 05 Sep 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 +26,175 $0.000000 26,175 05 Sep 2024 Common Stock 26,175 $0.000000 Direct F2
transaction TKR Restricted Share Unit Award $0 +39,250 $0.000000 39,250 05 Sep 2024 Common Stock 39,250 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of deferred shares that vest 50% on September 5, 2025 and 50% on September 5, 2026 subject to continuous employment with the issuer.
F2 Grant of 26,175 time-based restricted share units that vest 25% on February 8, 2025 and 25% on each of the next three anniversaries of such date thereafter.
F3 Grant of 39,250 performance-based restricted share units subject to certain performance criteria between January 1, 2024 and December 31, 2026.