TIMKEN CO — Director's Dealing 2010

Nov 15, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIMKEN CO (TKR)
CIK: 0000098362
Period of Report: 2010-11-12

Reporting Person: EISENBERG GLENN A (Ex VP-Finance & Admin.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-12	Common Stock	M	8750	$25.21	Acquired	59855	Direct
2010-11-12	Common Stock	S	7615	$42.88	Disposed	52240	Direct
2010-11-12	Common Stock	F	1135	$42.88	Disposed	51105	Direct
2010-11-12	Common Stock	M	17500	$29.23	Acquired	68605	Direct
2010-11-12	Common Stock	S	15739	$42.80	Disposed	52866	Direct
2010-11-12	Common Stock	F	1761	$42.80	Disposed	51105	Direct
2010-11-12	Common Stock	M	20850	$30.70	Acquired	71955	Direct
2010-11-12	Common Stock	S	18974	$42.80	Disposed	52981	Direct
2010-11-12	Common Stock	F	1876	$42.80	Disposed	51105	Direct
2010-11-12	Common Stock	M	17500	$30.93	Acquired	68605	Direct
2010-11-12	Common Stock	S	15954	$42.77	Disposed	52651	Direct
2010-11-12	Common Stock	F	1546	$42.77	Disposed	51105	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-12	Employee Stock Option (right to buy)	$25.21	M	8750	Disposed	2015-01-31	Common Stock (8750)	Direct
2010-11-12	Employee Stock Option (right to buy)	$29.23	M	17500	Disposed	2017-02-05	Common Stock (17500)	Direct
2010-11-12	Employee Stock Option (right to buy)	$30.70	M	20850	Disposed	2018-02-04	Common Stock (20850)	Direct
2010-11-12	Employee Stock Option (right to buy)	$30.93	M	17500	Disposed	2016-02-06	Common Stock (17500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4759	Indirect

Footnotes

F1: Includes 452 shares received through DRP in 2010 to date.

F2: 35,000 shares granted on 1/31/2005 (previously reported on a Form 4) vested in 25% increments per year.

F3: 35,000 shares granted on 2/5/2007 (previously reported on a Form 4) vest in 25% increments per year.

F4: 41,700 shares granted on 2/4/2008 (previously reported on a Form 4) vest in 25% increments per year.

F5: 35,000 shares granted on 2/6/2006 (previously reported on a From 4) vested in 25% increments per year.