Ken Garcia V - 30 Sep 2021 Form 4 Insider Report for TimkenSteel Corp (MTUS)

Role
Director
Signature
/s/ Kristine C. Syrvalin, as Attorney-in-Fact
Issuer symbol
MTUS
Transactions as of
30 Sep 2021
Net transactions value
+$19,999
Form type
4
Filing time
01 Oct 2021, 17:00:29 UTC
Previous filing
12 Aug 2021
Next filing
16 Nov 2021

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 TMST Phantom Shares Award $19,999 +1,529 $13.08 1,529 30 Sep 2021 Common Shares 1,529 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom share is the equivalent of one Issuer common share.
F2 Phantom shares are payable in cash and/or common shares upon termination of the Reporting Person's service on the Board of Directors, as elected by the Reporting Person at the time he elected to defer compensation under the TimkenSteel Corporation Director Deferred Compensation Plan.