TIMKEN CO — Director's Dealing 2012

Feb 8, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIMKEN CO (TKR)
CIK: 0000098362
Period of Report: 2012-02-08

Reporting Person: MIRAGLIA SALVATORE J JR (President - Steel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-08	Common Stock	M	9125	$30.70	Acquired	65358	Direct
2012-02-08	Common Stock	F	1298	$51.79	Disposed	64060	Direct
2012-02-08	Common Stock	S	7827	$51.79	Disposed	56233	Direct
2012-02-08	Common Stock	M	11825	$14.74	Acquired	68058	Direct
2012-02-08	Common Stock	F	2626	$51.42	Disposed	65432	Direct
2012-02-08	Common Stock	S	9199	$51.42	Disposed	56233	Direct
2012-02-08	Common Stock	M	12000	$22.67	Acquired	68233	Direct
2012-02-08	Common Stock	F	2085	$51.43	Disposed	66148	Direct
2012-02-08	Common Stock	S	9915	$51.43	Disposed	56233	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-08	Employee Stock Option (right to buy)	$30.70	M	9125	Disposed	2018-02-04	Common Stock (9125)	Direct
2012-02-08	Employee Stock Ooption (right to buy)	$14.74	M	11825	Disposed	2019-02-02	Common Stock (11825)	Direct
2012-02-08	Employee Stock Option (right to buy)	$22.67	M	12000	Disposed	2020-02-08	Common Stock (12000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	37003	Indirect

Footnotes

F1: 36,500 shares granted on 2/4/2008 (previously reported on a Form 4) vested in 25% increments per year.

F2: 47,300 shares granted on 2/2/2009 (previously reported on a Form 4) vest in 25% increments per year.

F3: 48,000 shares granted on 2/8/2010 (previously reported on a Form 4) vest in 25% increments per year.