SEC Form 4 · accession 0001140361-15-021497
TIMKEN CO · TKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ward J Timken Jr.
Director
Period of report
May 21, 2015
Accepted (ET)
May 22, 2015 · 2:13 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 21, 2015 | M | 114,000 | $21.07 | A | 313,339 | D | |
| Common Stock | May 21, 2015 | F | 25,686 | $40.6254 | D | 287,653 | D | |
| Common Stock | May 21, 2015 | S | 88,314 | $40.6254 | D | 199,339 | D | |
| Common StockF1 | holding | — | — | — | 200,000 | I | By Self as Manager of LLC | |
| Common Stock | holding | — | — | — | 18,435 | I | Savings Inv. Plan | |
| Common StockF2 | holding | — | — | — | 2,810 | I | By Spouse | |
| Common Stock | holding | — | — | — | 12,855 | I | By Child | |
| Common Stock | holding | — | — | — | 12,155 | I | By Child | |
| Common StockF3 | holding | — | — | — | 53,000 | I | By self as Co-Trustee and beneficiary | |
| Common StockF2,F4 | holding | — | — | — | 6,000 | I | By self as Co-Trustee |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonqualified Stock Option (Right to buy)F6,F5 | $21.07 | May 21, 2015 | M | 114,000 | D | — | Feb 5, 2017 | Common Stock | 114,000 | 0 | D |
Explanation of responses
- F1By 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.
- F2DISCLAIMER: Undersigned disclaims all beneficial ownership
- F3By self as Co-Trustee and beneficiary of the Ward J. Timken Trust FBO Ward J. Timken, Jr.
- F4By self as Co-Trustee of the Ward J. Timken Trust FBO Grandchildren
- F5Balance of shares includes shares received from automatic reinvestment of dividends.
- F6Nonqualified stock option with limited transferability granted pursuant to The Timken Company Long-Term Incentive plan. Option becomes exercisable in annual 25 percent increments beginning February 5, 2008, the anniversary date of the grant. Option becomes fully exercisable upon the occurrence of a change in control of the Company or other similar event.