Ken V. Garcia - Dec 30, 2022 Form 4 Insider Report for TimkenSteel Corp (TMST)

Role
Director
Signature
/s/ Kristine C. Syrvalin, as Attorney-in-Fact
Stock symbol
TMST
Transactions as of
Dec 30, 2022
Transactions value $
$22,494
Form type
4
Date filed
1/3/2023, 04:00 PM
Previous filing
Oct 3, 2022
Next filing
Apr 3, 2023

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 $22.5K +1.24K +19.13% $18.17 7.71K Dec 30, 2022 Common Shares 1.24K 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.