SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
TIMKEN WILLIAM ROBERT JR

(Last) (First) (Middle)
THE TIMKEN COMPANY
1835 DUEBER AVENUE, S.W.

(Street)
CANTON OH 44706

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TIMKEN CO [ TKR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) X Other (specify below)
Chairman of the Board
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2005
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/10/2005 M 31,000 A $22.0625 318,730 D
Common Stock 08/10/2005 S 31,000 D $28.5292 287,730 D
Common Stock 08/10/2005 M 80,000 A $26.4375 367,730 D
Common Stock 08/10/2005 S 80,000 D $28.5292 287,730 D
Common Stock 08/10/2005 M 127,000 A $19.5625 414,730 D
Common Stock 08/10/2005 S 127,000 D $28.5292 287,730 D
Common Stock 08/10/2005 M 10,000 A $19.4375 297,730 D
Common Stock 08/10/2005 S 10,000 D $28.5292 287,730 D
Common Stock 08/10/2005 G V 765 D $0 286,965 D
Common Stock 429 I Savings Inv. Plan
Common Stock 100,000 I Co-Trustee(1)(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options to Buy $22.0625 08/10/2005 M 31,000 (3) 04/16/2006 Common Stock 31,000 $0 0 D
Options to Buy $26.4375 08/10/2005 M 80,000 (4) 04/15/2007 Common Stock 80,000 $0 0 D
Options to Buy $19.5625 08/10/2005 M 127,000 (5) 04/20/2009 Common Stock 127,000 $0 0 D
Options to Buy $19.4375 08/10/2005 M 10,000 05/18/2000 11/18/2008 Common Stock 10,000 $0 0 D
Explanation of Responses:
1. By self as Co-Trustee for Sue Shaffer Timken 2005 Revocable Trust.
2. As previously reported, effective August 8, 2005, the undersigned has resigned as trustee of seven other previously reportable trusts and is no longer responsible for reporting those trusts.
3. Employee stock option with limited transferability granted pursuant to The Timken Company Long-Term Incentive Plan. Option became exercisable in annual 25 percent increments which began on April 16, 1997, the first anniversary of the date of the grant. Option becomes fully exercisable upon the occurrence of a change in control of the Company or other similar event. Option included rights to receive dividend equivalents payable in shares of common stock on a deferred basis.
4. Same as (3) above, except option became exercisable in annual 25 percent increments which began on April 16, 1998, the first anniversary of the date of the grant.
5. Same as (3) above, except option became exercisable in annual 25 percent increments which began on April 20, 2000, the first anniversary of the date of the grant.
Remarks:
W.R. Timken, Jr 08/12/2005
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.