SEC Form 4 · accession 0000098362-17-000065
TIMKEN CO · TKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William R Burkhart
Officer — EVP, GC and Secretary
Period of report
May 10, 2017
Accepted (ET)
May 12, 2017 · 2:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000098362
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 10, 2017 | M | 14,400 | $40.56 | A | 55,640 | D | |
| Common Stock | May 10, 2017 | F | 871 | $48.13 | D | 54,769 | D | |
| Common Stock | May 10, 2017 | S | 13,529 | $47.94 | D | 41,240 | D | |
| Common Stock | May 10, 2017 | M | 12,075 | $41.15 | A | 53,315 | D | |
| Common Stock | May 10, 2017 | F | 638 | $48.13 | D | 52,677 | D | |
| Common Stock | May 10, 2017 | S | 11,437 | $47.94 | D | 41,240 | D | |
| Common Stock | May 10, 2017 | M | 7,937 | $41.79 | A | 49,177 | D | |
| Common Stock | May 10, 2017 | F | 323 | $48.15 | D | 48,854 | D | |
| Common Stock | May 10, 2017 | S | 7,614 | $47.93 | D | 41,240 | D | |
| Common Stock | holding | — | — | — | 5,636 | I | 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee stock option - right to buyF1 | $40.56 | May 10, 2017 | M | 14,400 | D | Feb 7, 2014 | Feb 7, 2023 | Common Stock | 14,400 | 0 | D |
| Employee Stock Option (right to buy)F2 | $41.15 | May 10, 2017 | M | 12,075 | D | Feb 13, 2015 | Feb 13, 2024 | Common Stock | 12,075 | 4,025 | D |
| Employee Stock Option (right to buy)F3 | $41.79 | May 10, 2017 | M | 7,937 | D | Feb 12, 2016 | Feb 12, 2025 | Common Stock | 7,937 | 7,938 | D |
Explanation of responses
- F114,400 stock options granted on 2-7-13 (previously reported on Form 4) that vested in 25% increments per year from the date of grant.
- F212,075 stock options from 2-13-14 grant of 16,100 stock options (previously reported on Form 4). The stock options vest in 25% increments per year from the grant date.
- F37,937 stock options from 2-12-15 grant of 15,875 stock options (previously reported on Form 4). The stock options vest in 25% increments per year from the grant date.