Ken Garcia V - 31 Dec 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
31 Dec 2021
Net transactions value
+$19,998
Form type
4
Filing time
03 Jan 2022, 07:15:14 UTC
Previous filing
16 Nov 2021
Next filing
01 Apr 2022
SEC
View on sec.gov

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 $19,998 +1,212 +79% $16.50 2,741 31 Dec 2021 Common Shares 1,212 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.