Metallus Inc. — Director's Dealing 2014

Jul 3, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TimkenSteel Corp (TMST)
CIK: 0001598428
Period of Report: 2014-06-30

Reporting Person: TIMKEN WARD J JR (Director, President, CEO, Chairman)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-30	Nonqualified Stock Option (Right to Buy)	$34.26	A	46000	Acquired	2024-02-13	Common Stock (46000)	Direct
2014-06-30	Nonqualified Stock Option (Right to Buy)	$33.77	A	46450	Acquired	2023-02-07	Common Stock (46450)	Direct
2014-06-30	Nonqualified Stock Option (Right to Buy)	$31.06	A	45100	Acquired	2022-02-09	Common Stock (45100)	Direct
2014-06-30	Nonqualified Stock Option (Right to Buy)	$29.95	A	53000	Acquired	2021-02-08	Common Stock (53000)	Direct
2014-06-30	Nonqualified Stock Option (Right to Buy)	$13.61	A	52300	Acquired	2020-02-08	Common Stock (52300)	Direct
2014-06-30	Nonqualified Stock Option (Right to Buy)	$18.42	A	63500	Acquired	2018-02-04	Common Stock (63500)	Direct
2014-06-30	Nonqualified Stock Option (Right to Buy)	$17.54	A	57000	Acquired	2017-02-05	Common Stock (57000)	Direct
2014-06-30	Nonqualified Stock Option (Right to Buy)	$18.56	A	57000	Acquired	2016-02-06	Common Stock (57000)	Direct
2014-06-30	Restricted Share Unit	$0	A	12450	Acquired	2017-02-13	Common Stock (12450)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	84558	Direct
Common Stock	100000	Indirect
Common Stock	9212	Indirect
Common Stock	1405	Indirect
Common Stock	6427	Indirect
Common Stock	6077	Indirect
Common Stock	26500	Indirect
Common Stock	3000	Indirect

Footnotes

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: Nonqualified stock option with limited transferability granted pursuant to The Timken Company Long-term Incentive Plan. Option becomes exercisable in annual 25 percent increments beginning with the first anniversary of the date of the grant. Option becomes fully exercisable upon the occurrence of a change in control of the Company or other similar event.

F6: Includes 39,750 options to purchase Issuer common shares that are currently vested. Remaining options to purchase Issuer common shares vest on February 8, 2015.

F7: Includes 22,550 options to purchase Issuer common shares that are currently vested. Remaining options to purchase Issuer common shares vest in two equal annual installments beginning February 9, 2015.

F8: Includes 11,612 options to purchase Issuer common shares that are currently vested. Remaining options to purchase Issuer common shares vest in three equal annual installments beginning February 7, 2015.

F9: Vests in four equal annual installments beginning on February 13, 2015.

F10: Grant of Restricted Share units that vest 100 percent on February 13, 2017.

F11: Adjusted distribution resulting from the spinoff of Issuer from The Timken Company ("Timken") on June 30, 2014 (the "Spinoff"). Exempt acquisitions under Rule 16a-9 being shown on a voluntary basis in this row are estimated as of June 30, 2014 based on preliminary information regarding the Spinoff. Final amounts, if different, will be reported in a subsequent filing.

F12: Award resulting from the Spinoff and related adjustment of outstanding Timken stock option. Information reported in this row is estimated as of June 30, 2014 based on preliminary information regarding the Spinoff.