Filing Details

Accession Number:
0000098362-19-000125
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-11-06 16:15:59
Reporting Period:
2019-11-04
Accepted Time:
2019-11-06 16:15:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
98362 Timken Co TKR Ball & Roller Bearings (3562) 340577130
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1598539 D. Philip Fracassa 4500 Mt. Pleasant St. Nw
North Canton OH 44720
Evp & Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-11-04 5,600 $35.97 60,595 No 4 M Direct
Common Stock Disposition 2019-11-04 754 $52.47 59,841 No 4 F Direct
Common Stock Disposition 2019-11-04 4,846 $52.38 54,995 No 4 S Direct
Common Stock Disposition 2019-11-04 1,896 $53.07 0 No 4 I Indirect 401(k)
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 I Indirect 401(k)
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2019-11-04 5,600 $0.00 5,600 $35.97
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2012-02-08 2021-02-08 No 4 M Direct
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $52.31 to $52.45. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
  2. On June 26, 2018, the Company announced that effective January 1, 2019 the primary U.S. Company sponsored 401(k) plan would no longer allow contributions to be made to the employer stock fund to align with industry trends to remove investment in the employer's stock as an option in a company sponsored 401(k) plan. All participants in this plan, including the named officer, are required to transfer remaining funds in the employer stock fund to other fund options by December 31, 2022.
  3. 5,600 stock options granted on 02/08/2011 (previously reported on Form 4) that vested in 25% increments per year from date of grant.