Ward J. Timken Jr. - 26 May 2022 Form 4 Insider Report for TIMKEN CO (TKR)

Role
Director
Signature
Ward J. Timken, Jr.
Issuer symbol
TKR
Transactions as of
26 May 2022
Net transactions value
-$783,623
Form type
4
Filing time
26 May 2022, 16:46:08 UTC
Previous filing
10 May 2022
Next filing
04 Jan 2023
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 $3,785,800 +92,000 +30% $41.15 396,297 26 May 2022 Direct
transaction TKR Common Stock Tax liability $4,569,423 -76,246 -19% $59.93 320,051 26 May 2022 Direct
holding TKR Common Stock 200,000 26 May 2022 By Self as Manager of LLC F1
holding TKR Common Stock 2,810 26 May 2022 By Spouse F2
holding TKR Common Stock 12,605 26 May 2022 By Child
holding TKR Common Stock 6,000 26 May 2022 By self as Co-Trustee F2, F4
holding TKR Common Stock 53,000 26 May 2022 By self as Co-Trustee and beneficiary F3

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 Nonqualified Stock Option (Right to Buy) Options Exercise $0 -92,000 -100% $0.000000* 0 26 May 2022 Common Stock 92,000 $41.15 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 By self as sole manager of the WJ Timken Jr Family, LLC. Members of the LLC include the reporting person, immediate family members and trusts for the benefit of immediate family members.
F2 DISCLAIMER: Undersigned disclaims all beneficial ownership
F3 By self as Co-Trustee and beneficiary of the Ward J. Timken Trust FBO Ward J. Timken, Jr.
F4 By self as Co-Trustee of the Ward J. Timken Trust FBO Grandchildren
F5 Non-qualified stock option with limited transferability granted pursuant to The Timken Company Long-Term Incentive plan. Option becomes exercisable upon upon the occurrence of a change in control of the Company or other similar event.