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TIMKEN CO Director's Dealing 2010

Feb 9, 2010

30986_dirs_2010-02-09_60fb9a83-d8c2-4059-bfdc-51edaa30a7c3.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIMKEN CO (TKR)
CIK: 0000098362
Period of Report: 2010-02-08

Reporting Person: GRIFFITH JAMES W (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-02-08 Common Stock (Restricted) D 29200 Disposed 256731 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-02-08 Employee Stock Option (right to buy) $22.67 A 211800 Acquired 2020-02-08 Common Stock (211800) Direct
2010-02-08 Performance Rights $ A 35400 Acquired 2014-02-08 Common Stock (35400) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 23103 Indirect

Footnotes

F1: Forfeiture of performance-based restricted shares that were previously granted and included in ownership totals.

F2: The option becomes exercisable in (a) annual 25 percent increments begining on 2/8/2011or (b) in the event of retirement, death or disability of the participant or (c) upon the occurrence of a change in control of the Company or similar event.

F3: Reflects the accrual of contingent rights to receive shares of common stock which vest over a four year period under certain specified circumstances.