Richard G. Kyle - 27 Feb 2023 Form 4 Insider Report for TIMKEN CO (TKR)

Role
President and CEO, Director
Signature
/s/ Richard G. Kyle
Issuer symbol
TKR
Transactions as of
27 Feb 2023
Transactions value $
-$1,294,349
Form type
4
Filing time
28 Feb 2023, 15:26:31
Previous filing
23 Feb 2023
Next filing
14 Mar 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 Options Exercise $1.4M +31.3K +8.17% $44.65 414K 27 Feb 2023 Direct
transaction TKR Common Stock Tax liability -$556K -6.46K -1.56% $86.13 408K 27 Feb 2023 Direct
transaction TKR Common Stock Sale -$2.14M -24.8K -6.09% $85.97 383K 27 Feb 2023 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 Employee Stock Option (right to buy) Options Exercise $0 -31.3K -51.06% $0.00 30K 27 Feb 2023 Common Stock 31.3K $44.65 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $85.75 to $86.18. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 31,300 stock options from 2/12/2018 grant of 121,300 stock options (previously reported) that vested in 25% increments per year from the date of grant.