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TIMKEN CO — Director's Dealing 2015
Feb 24, 2015
30986_dirs_2015-02-24_562a74fd-7b46-48bd-89ec-da48e44deb10.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: 2015-02-20
Reporting Person: TIMKEN WARD J JR (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-20 | Common Stock | M | 114000 | $22.29 | Acquired | 281549 | Direct |
| 2015-02-20 | Common Stock | F | 85317 | $42.34 | Disposed | 196232 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-20 | Nonqualifed Stock Option (Right to buy) | $22.29 | M | 114000 | Disposed | 2016-02-06 | Common Stock (114000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 200000 | Indirect |
| Common Stock | 18539 | Indirect |
| Common Stock | 2810 | Indirect |
| Common Stock | 12855 | Indirect |
| Common Stock | 12155 | Indirect |
| Common Stock | 53000 | Indirect |
| Common Stock | 6000 | 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 February 6, 2007, the anniversary date of the grant. Option becomes fully exercisable upon the occurrence of a change in control of the Company or similar event.