SEC Form 4 · accession 0000098362-18-000094
TIMKEN CO · TKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shelly Marie Chadwick
Officer — Chief Accounting Officer
Period of report
Aug 21, 2018
Accepted (ET)
Aug 22, 2018 · 4:35 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 | Aug 21, 2018 | M | 1,185 | $27.75 | A | 3,102 | D | |
| Common Stock | Aug 21, 2018 | F | 142 | $48.95 | D | 2,960 | D | |
| Common StockF1 | Aug 21, 2018 | S | 1,043 | $48.85 | D | 1,917 | D | |
| Common Stock | holding | — | — | — | 1,160 | 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 Options (right to buy)F2 | $27.75 | Aug 21, 2018 | M | 1,185 | A | Feb 11, 2017 | Feb 11, 2026 | Common Stock | 1,185 | 2,370 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $48.85 to $48.88. 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.
- F21,185 stock options from 2-11-16 grant of 4,740 stock options (previously reported on Form 4). The stock options vest in 25% increments from the date of grant.