0001104659-14-051048.txt : 20140710 0001104659-14-051048.hdr.sgml : 20140710 20140710172309 ACCESSION NUMBER: 0001104659-14-051048 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20140710 DATE AS OF CHANGE: 20140710 GROUP MEMBERS: DAVID H. BATCHELDER GROUP MEMBERS: RALPH V. WHITWORTH GROUP MEMBERS: RELATIONAL CO-INVESTMENT FUND I, L.P. GROUP MEMBERS: RELATIONAL COAST PARTNERS, L.P. GROUP MEMBERS: RELATIONAL FUND PARTNERS, L.P. GROUP MEMBERS: RELATIONAL INVESTORS IX, L.P. GROUP MEMBERS: RELATIONAL INVESTORS MID-CAP FUND I, L.P. GROUP MEMBERS: RELATIONAL INVESTORS MID-CAP FUND II, L.P. GROUP MEMBERS: RELATIONAL INVESTORS XV, L.P. GROUP MEMBERS: RELATIONAL INVESTORS XVI, L.P. GROUP MEMBERS: RELATIONAL INVESTORS XX, L.P. GROUP MEMBERS: RELATIONAL INVESTORS XXIII, L.P. GROUP MEMBERS: RELATIONAL INVESTORS XXIV, L.P. GROUP MEMBERS: RH FUND 1, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TimkenSteel Corp CENTRAL INDEX KEY: 0001598428 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] IRS NUMBER: 464024951 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-88231 FILM NUMBER: 14970281 BUSINESS ADDRESS: STREET 1: 1835 DUEBER AVENUE SW CITY: CANTON STATE: OH ZIP: 44706-0928 BUSINESS PHONE: 330-438-3000 MAIL ADDRESS: STREET 1: 1835 DUEBER AVENUE SW CITY: CANTON STATE: OH ZIP: 44706-0928 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RELATIONAL INVESTORS LLC CENTRAL INDEX KEY: 0001047644 IRS NUMBER: 330694767 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 12400 HIGH BLUFF DRIVE STREET 2: SUITE 600 CITY: SAN DIEGO STATE: CA ZIP: 92130 BUSINESS PHONE: 858.704.3333 MAIL ADDRESS: STREET 1: 12400 HIGH BLUFF DRIVE STREET 2: SUITE 600 CITY: SAN DIEGO STATE: CA ZIP: 92130 SC 13D 1 a14-16743_1sc13d.htm SC 13D

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

 

SCHEDULE 13D

 

 

Under the Securities Exchange Act of 1934
(Amendment No. )*

 

TimkenSteel Corporation

(Name of Issuer)

 

Common Stock, $0.00 par value

(Title of Class of Securities)

 

887399103

(CUSIP Number)

 

Ralph V. Whitworth

Relational Investors, LLC

12400 High Bluff Drive, Suite 600

San Diego, CA 92130

(858) 704-3333

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

June 30, 2014

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 



 

CUSIP No. 

 

 

1.

Names of Reporting Persons.

I.R.S. Identification Nos. of Above Persons (Entities Only)
Relational Investors, LLC

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
1,356,839

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
1,356,839

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,356,839

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
2.99%

 

 

14.

Type of Reporting Person (See Instructions)
IA/HC/OO

 

2



 

 

1.

Names of Reporting Persons.

I.R.S. Identification Nos. of Above Persons (Entities Only)
Relational Investors Mid-Cap Fund I, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
383,642

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
383,642

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
383,642

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
0.85%

 

 

14.

Type of Reporting Person (See Instructions)
PN

 

3



 

 

1.

Names of Reporting Persons.

I.R.S. Identification Nos. of Above Persons (Entities Only)
Relational Investors Mid-Cap Fund II, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
418,101

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
418,101

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
418,101

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
0.92%

 

 

14.

Type of Reporting Person (See Instructions)
PN

 

4



 

 

1.

Names of Reporting Persons.

I.R.S. Identification Nos. of Above Persons (Entities Only)
Relational Coast Partners, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC/OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
22,544

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
22,544

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
22,544

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
0.05%

 

 

14.

Type of Reporting Person (See Instructions)
PN

 

5



 

 

1.

Names of Reporting Persons.

I.R.S. Identification Nos. of Above Persons (Entities Only)
Relational Fund Partners, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC/OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
2,336

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
2,336

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
2,336

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
0.01%

 

 

14.

Type of Reporting Person (See Instructions)
PN

 

6



 

 

1.

Names of Reporting Persons.

I.R.S. Identification Nos. of Above Persons (Entities Only)
RH Fund 1, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC/OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
10,042

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
10,042

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
10,042

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
0.02%

 

 

14.

Type of Reporting Person (See Instructions)
PN

 

7



 

 

1.

Names of Reporting Persons.

I.R.S. Identification Nos. of Above Persons (Entities Only)
Relational Investors IX, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
37,843

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
37,843

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
37,843

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
0.08%

 

 

14.

Type of Reporting Person (See Instructions)
PN

 

8



 

 

1.

Names of Reporting Persons.

I.R.S. Identification Nos. of Above Persons (Entities Only)
Relational Investors XV, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
22,551

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
22,551

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
22,551

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
0.05%

 

 

14.

Type of Reporting Person (See Instructions)
PN

 

9



 

 

1.

Names of Reporting Persons.

I.R.S. Identification Nos. of Above Persons (Entities Only)
Relational Investors XVI, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
6,640

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
6,640

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
6,640

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
0.01%

 

 

14.

Type of Reporting Person (See Instructions)
PN

 

10



 

 

1.

Names of Reporting Persons.

I.R.S. Identification Nos. of Above Persons (Entities Only)
Relational Investors XX, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC/OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
19,926

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
19,926

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
19,926

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
0.04%

 

 

14.

Type of Reporting Person (See Instructions)
PN

 

11



 

 

1.

Names of Reporting Persons.

I.R.S. Identification Nos. of Above Persons (Entities Only)
Relational Investors XXIII, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC/OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
28,266

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
28,266

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
28,266

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
0.06%

 

 

14.

Type of Reporting Person (See Instructions)
PN

 

12



 

 

1.

Names of Reporting Persons.

I.R.S. Identification Nos. of Above Persons (Entities Only)
Relational Investors XXIV, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
3,387

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
3,387

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,387

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
0.01%

 

 

14.

Type of Reporting Person (See Instructions)
PN

 

13



 

 

1.

Names of Reporting Persons.

I.R.S. Identification Nos. of Above Persons (Entities Only)
Relational Co-Investment Fund I, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
WC

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
175,812

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
175,812

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
175,812

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
0.39%

 

 

14.

Type of Reporting Person (See Instructions)
PN

 

14



 

 

1.

Names of Reporting Persons.

I.R.S. Identification Nos. of Above Persons (Entities Only)
Ralph V. Whitworth

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
NA

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
United States

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
-0-

 

8.

Shared Voting Power
1,356,839

 

9.

Sole Dispositive Power
-0-

 

10.

Shared Dispositive Power
1,356,839

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,356,839

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
2.99%

 

 

14.

Type of Reporting Person (See Instructions)
IN

 

15



 

 

1.

Names of Reporting Persons.

I.R.S. Identification Nos. of Above Persons (Entities Only)
David H. Batchelder

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
NA

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
United States

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
-0-

 

8.

Shared Voting Power
1,356,839

 

9.

Sole Dispositive Power
-0-

 

10.

Shared Dispositive Power
1,356,839

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,356,839

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
2.99%

 

 

14.

Type of Reporting Person (See Instructions)
IN

 

16



 

Item 1.

Security and Issuer

 

This statement on Schedule 13D (this “Statement”) relates to the common stock, $0.00 par value (the “Shares”), of TimkenSteel Corporation, an Ohio corporation (the “Issuer” or the “Company”). The Issuer’s principal executive offices are located at 1835 Dueber Ave., SW, Canton, OH 44706.

 

Item 2.

Identity and Background

 

This Statement is being filed by Relational Investors Mid-Cap Fund I, L.P. (“MC I”), Relational Investors Mid-Cap Fund II, L.P. (“MC II”), Relational Coast Partners, L.P. (“RCP”), Relational Fund Partners, L.P. (“RFP”), RH Fund 1, L.P. (“RH 1”), Relational Investors IX, L.P. (“RI IX”), Relational Investors XV, L.P. (“RI XV”), Relational Investors XVI, L.P. (“RI XVI”), Relational Investors XX, L.P. (“RI XX”), Relational Investors XXIII, L.P. (“RI XXIII”), Relational Investors XXIV, L.P. (“RI XXIV”) and Relational Co-Investment Fund I, L.P. (“RCF I”) collectively, the “Relational LPs.”  Each of the Relational LPs is a Delaware limited partnership.  The principal business of each is securities investment.

 

This Statement is also being filed by Relational Investors, LLC (“RILLC”), a Delaware limited liability company. The principal business of RILLC is being the sole general partner or sole managing member of the general partner of certain investment partnerships, including the Relational LPs and the investment adviser of certain client managed accounts, the “Managed Accounts”. The Relational LPs and the Managed Accounts are the beneficial owners of the securities covered by this Statement. Pursuant to the Limited Partnership Agreement of each of the Relational LPs, and the investment management agreement of the Managed Accounts, RILLC has sole investment discretion and voting authority with respect to the securities covered by this Statement.

 

This Statement is also being filed by Ralph V. Whitworth and David H. Batchelder.  Messrs. Whitworth and Batchelder are the Principals of RILLC, in which capacity they share voting control and dispositive power over certain securities covered by this Statement.  As such, Messrs. Whitworth and Batchelder may be deemed to have indirect beneficial ownership of such securities, but, each of Mr. Whitworth and Mr. Batchelder disclaim beneficial ownership of the Shares except to the extent of his pecuniary interest therein.  The present principal occupation of each of Messrs. Whitworth and Batchelder is serving as Principals of RILLC (Messrs. Whitworth and Batchelder, together with Relational LPs and RILLC, hereinafter, the “Reporting Persons”).

 

During the last five years, none of the Reporting Persons has been (i) convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction, and as a result of such proceeding, was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

 

The business address of each of the Relational Entities is 12400 High Bluff Drive, Suite 600, San Diego, CA 92130.

 

Messrs. Whitworth and Batchelder are citizens of the United States.

 

17



 

Item 3.

Source and Amount of Funds or Other Consideration

 

On June 30, 2014, the Reporting Persons received 3,428,265 Shares of the Issuer in a spin-off of the Issuer from The Timken Company (“Timken”). Pursuant to the spin-off, each of Timken’s shareholders received one Share for two shares of Timken common stock held by such shareholder as of the close of business on June 23, 2014.

 

As of the date of the filing the Reporting Persons own 1,356,839 Shares of the Issuer.

 

Item 4.

Purpose of Transaction.

 

The shares of Common Stock held by the Reporting Persons were acquired pursuant to the Spin-Off. The Reporting Persons do not have any present plans or proposals that relate to or would result in any of the actions required to be described in Item 4 of Schedule 13D. Each of the Reporting Persons may, at any time, review or reconsider its position with respect to the Issuer and formulate plans or proposals with respect to any of such matters.

 

18



 

Item 5.

Interest in Securities of the Issuer

(a)           As of the date of this Statement, the Reporting Persons beneficially own in the aggregate 1,356,839 Shares, constituting approximately 2.99% of the outstanding Shares.  The percentage of Shares owned is based upon approximately 45,400,000 Shares reported to be outstanding on June 30, 2014, as set forth in the Company’s Form 424B3 filed on June 27, 2014.  The Reporting Persons may be deemed to have direct beneficial ownership of the Shares as follows:

 

NAME

 

NUMBER OF SHARES

 

% OF OUTSTANDING SHARES

 

VOTING AND DISPOSITIVE POWER

 

RILLC

 

225,749

 

0.50%

 

Sole

 

MC I

 

383,642

 

0.85%

 

Sole

 

MC II

 

418,101

 

0.92%

 

Sole

 

RCP

 

22,544

 

0.05%

 

Sole

 

RFP

 

2,336

 

0.01%

 

Sole

 

RH 1

 

10,042

 

0.02%

 

Sole

 

RI IX

 

37,843

 

0.08%

 

Sole

 

RI XV

 

22,551

 

0.05%

 

Sole

 

RI XVI

 

6,640

 

0.01%

 

Sole

 

RI XX

 

19,926

 

0.04%

 

Sole

 

RI XXIII

 

28,266

 

0.06%

 

Sole

 

RI XXIV

 

3,387

 

0.01%

 

Sole

 

RCF I

 

175,812

 

0.39%

 

Sole

 

 

RILLC, individually and in its capacity as an investment adviser, may be deemed to possess direct beneficial ownership of the 225,749 Shares that are owned by it and the Managed Accounts. Additionally, RILLC, as the sole general partner, of each of Relational LPs may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934, as amended) the 1,131,090 Shares beneficially owned by the Relational LPs because the limited partnership agreements of the Relational LPs specify that RILLC has sole investment discretion and voting authority with respect to those Shares.

Each of Messrs. Whitworth and Batchelder, as Principals of RILLC, may be deemed to have indirect beneficial ownership of the Shares which RILLC may beneficially own.  Each of Messrs. Whitworth and Batchelder disclaims beneficial ownership of such Shares except to the extent of his pecuniary interest therein.

To the best of the knowledge of each of the Reporting Persons, other than as set forth above, none of the persons named in Item 2 is the beneficial owner of any Shares.

 

19



 

(b)           See item (a) above.

(c)           Information concerning open market transactions in the Shares by the Reporting Persons during the past 60 days not previously reported is set forth in Exhibit A filed with this Statement.

(d)           No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares covered by this Statement, except that dividends from, and proceeds from the sale of, the Shares held by accounts managed by RILLC may be delivered to such accounts.

(e)           The Reporting Persons ceased to be beneficial owners of more than 5 percent of Shares on July 7, 2014.

 

Item 6.                       Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

Except for the joint filing agreement between and among the Reporting Persons attached hereto as Exhibit B, and except for the investment discretion and voting authority described in Item 2 of this Statement and in the respective partnership agreements and investment management agreements of the Relational LPs and Managed Accounts which each contain provisions whereby RILLC may, after certain adjustments, receive a percentage of realized or unrealized profits, if any, derived from that partnership’s or managed account’s investments, to the best of the knowledge of the Reporting Persons, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among the Reporting Persons or between the Reporting Persons and any other person with respect to any securities of the Issuer, including but not limited to transfer or voting of any of the securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.

 

20



 

Item 7.

Material to be Filed as Exhibits

 

The following Exhibits are filed herewith:
Exhibit A – Information concerning transactions in the Shares affected by the Reporting Persons in the last 60 days not previously reported.
Exhibit B – Joint Filing Agreement.

 

21



 

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: July 10, 2014

RELATIONAL INVESTORS MID-CAP FUND I, L.P.
RELATIONAL INVESTORS MID-CAP FUND II, L.P.

RELATIONAL COAST PARTNERS, L.P.

RELATIONAL FUND PARTNERS, L.P.

RH Fund 1, L.P.

RELATIONAL INVESTORS IX, L.P.

RELATIONAL INVESTORS XV, L.P.

RELATIONAL INVESTORS XVI, L.P.

RELATIONAL INVESTORS XX, L.P.

RELATIONAL INVESTORS XXIII, L.P.
RELATIONAL INVESTORS XXIV, L.P.
RELATIONAL CO-INVESTMENT FUND I, L.P.

 

By:

RELATIONAL INVESTORS, LLC

 

as general partner to each,

 

By:

/s/ Ralph V. Whitworth

 

 

 

Ralph V. Whitworth, Principal

 

 

 

RELATIONAL INVESTORS, LLC

 

 

 

 

 

 

By:

/s/ Ralph V. Whitworth

 

 

 

Ralph V. Whitworth, Principal

 

 

 

 

 

 

/s/ Ralph V. Whitworth

 

 

 

Ralph V. Whitworth

 

 

 

 

 

 

 

 

 

 

 

/s/ David H. Batchelder

 

 

 

David H. Batchelder

 

 

 

 

22



 

EXHIBIT INDEX

Exhibit

 

Description

 

 

 

A.

 

Information concerning transactions in the Shares affected by Reporting Persons in the last 60 days not previously reported.

 

 

 

B.

 

Joint Filing Agreement.

 

23


EX-99.A 2 a14-16743_1ex99da.htm EXHIBIT A

 

Exhibit A

 

Transactions by Reporting Persons in the last 60 days.

 

Beneficial Ownership

 

Purchase or 
Sale

 

Quantity

 

Transaction 
Date

 

Price per 
Share 
(including 
commission)

 

How Effected

 

Relational Coast Partners, L.P.

 

Sale

 

2

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

8

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

11

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

12

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

14

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

18

 

7/2/2014

 

$

41.43

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

21

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

26

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

27

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

44

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

57

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

70

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

93

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

95

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

99

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

103

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

124

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

138

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

138

 

7/2/2014

 

$

41.24

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

138

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors LLC

 

Sale

 

140

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

146

 

7/2/2014

 

$

41.24

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

147

 

7/2/2014

 

$

40.90

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

172

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

186

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

200

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

204

 

7/2/2014

 

$

41.43

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

206

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

233

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

283

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

287

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

309

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

324

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

376

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

392

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

419

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

426

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

454

 

7/2/2014

 

$

40.90

 

Open Market

 

 



 

Relational Investors XVI, L.P.

 

Sale

 

455

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

470

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

507

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

507

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

523

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

549

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

599

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

608

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

631

 

7/2/2014

 

$

40.90

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

647

 

7/2/2014

 

$

41.24

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

692

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

755

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

816

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors LLC

 

Sale

 

923

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors LLC

 

Sale

 

925

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors LLC

 

Sale

 

960

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

1,042

 

7/2/2014

 

$

41.43

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

1,247

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors LLC

 

Sale

 

1,276

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors LLC

 

Sale

 

1,391

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

1,547

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

1,676

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

1,818

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

1,890

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

2,203

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

2,388

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors LLC

 

Sale

 

2,572

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

2,618

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

3,435

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

3,554

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

3,892

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors LLC

 

Sale

 

3,937

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

4,135

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors LLC

 

Sale

 

4,254

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

4,404

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors LLC

 

Sale

 

4,550

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

4,903

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

5,035

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

5,065

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

5,364

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors LLC

 

Sale

 

6,365

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors LLC

 

Sale

 

8,141

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

8,875

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

8,885

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

8,886

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

10,029

 

7/2/2014

 

$

40.90

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

10,795

 

7/2/2014

 

$

41.24

 

Open Market

 

 



 

Relational Investors LLC

 

Sale

 

10,973

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

14,670

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

14,949

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

15,106

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

15,888

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

17,772

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

22,590

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

24,853

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

26,474

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors LLC

 

Sale

 

27,150

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

29,391

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

32,566

 

7/2/2014

 

$

41.24

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

36,989

 

7/2/2014

 

$

41.43

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

1

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

1

 

7/3/2014

 

$

42.81

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

2

 

7/3/2014

 

$

42.82

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

5

 

7/3/2014

 

$

43.24

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

9

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

10

 

7/3/2014

 

$

43.24

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

11

 

7/3/2014

 

$

42.97

 

Open Market

 

Relational Investors LLC

 

Sale

 

13

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

13

 

7/3/2014

 

$

42.97

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

16

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

17

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

19

 

7/3/2014

 

$

42.81

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

26

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

28

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

30

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

41

 

7/3/2014

 

$

43.24

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

92

 

7/3/2014

 

$

42.97

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

101

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

104

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

117

 

7/3/2014

 

$

43.24

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

124

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

135

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

142

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

149

 

7/3/2014

 

$

42.97

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

170

 

7/3/2014

 

$

43.24

 

Open Market

 

Relational Investors LLC

 

Sale

 

172

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

196

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

249

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

250

 

7/3/2014

 

$

42.81

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

265

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

271

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

284

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

289

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

293

 

7/3/2014

 

$

42.97

 

Open Market

 

 



 

Relational Coast Partners, L.P.

 

Sale

 

301

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

309

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

325

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

332

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

335

 

7/3/2014

 

$

43.24

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

378

 

7/3/2014

 

$

42.97

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

434

 

7/3/2014

 

$

42.81

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

443

 

7/3/2014

 

$

42.97

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

455

 

7/3/2014

 

$

43.24

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

489

 

7/3/2014

 

$

42.97

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

502

 

7/3/2014

 

$

42.97

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

507

 

7/3/2014

 

$

43.24

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

517

 

7/3/2014

 

$

42.81

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

521

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

550

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

551

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

590

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

596

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

612

 

7/3/2014

 

$

42.97

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

622

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

637

 

7/3/2014

 

$

42.97

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

669

 

7/3/2014

 

$

43.24

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

683

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

724

 

7/3/2014

 

$

42.81

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

814

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

996

 

7/3/2014

 

$

42.97

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

997

 

7/3/2014

 

$

42.97

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

1,007

 

7/3/2014

 

$

43.24

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

1,031

 

7/3/2014

 

$

42.81

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

1,039

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

1,098

 

7/3/2014

 

$

43.24

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

1,170

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

1,171

 

7/3/2014

 

$

42.97

 

Open Market

 

Relational Investors LLC

 

Sale

 

1,337

 

7/3/2014

 

$

42.97

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

1,428

 

7/3/2014

 

$

43.24

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

1,468

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

1,510

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors LLC

 

Sale

 

1,529

 

7/3/2014

 

$

43.24

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

1,538

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

1,890

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

1,913

 

7/3/2014

 

$

43.24

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

1,985

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

1,987

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors LLC

 

Sale

 

2,029

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

2,063

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

2,091

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

2,374

 

7/3/2014

 

$

43.24

 

Open Market

 

 



 

Relational Investors IX, L.P.

 

Sale

 

2,394

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

2,424

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

2,520

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

2,545

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors LLC

 

Sale

 

2,935

 

7/3/2014

 

$

42.97

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

2,938

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

2,998

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

2,999

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors LLC

 

Sale

 

3,191

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors LLC

 

Sale

 

3,275

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors LLC

 

Sale

 

3,356

 

7/3/2014

 

$

43.24

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

3,478

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

3,588

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

3,643

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

3,658

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

3,952

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors LLC

 

Sale

 

4,024

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

4,553

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

4,641

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

5,125

 

7/3/2014

 

$

42.97

 

Open Market

 

Relational Investors LLC

 

Sale

 

5,556

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors LLC

 

Sale

 

5,574

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors LLC

 

Sale

 

5,706

 

7/3/2014

 

$

42.97

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

5,709

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors LLC

 

Sale

 

6,524

 

7/3/2014

 

$

43.24

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

6,610

 

7/3/2014

 

$

43.24

 

Open Market

 

Relational Investors LLC

 

Sale

 

6,826

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

7,774

 

7/3/2014

 

$

42.97

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

8,888

 

7/3/2014

 

$

43.24

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

10,662

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

13,375

 

7/3/2014

 

$

42.97

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

14,541

 

7/3/2014

 

$

43.24

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

14,627

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

16,965

 

7/3/2014

 

$

42.97

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

17,022

 

7/3/2014

 

$

43.24

 

Open Market

 

Relational Investors LLC

 

Sale

 

17,167

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

18,215

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

18,464

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

23,388

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

23,492

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors LLC

 

Sale

 

23,777

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

26,354

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

32,393

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

51,037

 

7/3/2014

 

$

42.80

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

60,026

 

7/3/2014

 

$

42.81

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

3

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

9

 

7/7/2014

 

$

43.34

 

Open Market

 

 



 

Relational Fund Partners, L.P.

 

Sale

 

10

 

7/7/2014

 

$

43.91

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

13

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

24

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

43

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

68

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

111

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

129

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

151

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

155

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

183

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

184

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

286

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

299

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

315

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

323

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

344

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

353

 

7/7/2014

 

$

43.90

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

521

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

533

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

562

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

606

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

607

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

610

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

682

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

693

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

748

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

772

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

772

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

803

 

7/7/2014

 

$

43.34

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

850

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

862

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

983

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

1,047

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

1,064

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

1,095

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

1,171

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

1,172

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

1,185

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

1,202

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

1,257

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

1,533

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Investors LLC

 

Sale

 

1,572

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

1,573

 

7/7/2014

 

$

43.34

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

1,584

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

1,601

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

1,603

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

1,957

 

7/7/2014

 

$

43.46

 

Open Market

 

 



 

Relational Investors IX, L.P.

 

Sale

 

1,966

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

2,079

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

2,096

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Investors LLC

 

Sale

 

2,564

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

2,850

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

2,856

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

3,063

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

3,197

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors LLC

 

Sale

 

3,450

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Investors LLC

 

Sale

 

4,774

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

5,140

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

5,551

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Investors LLC

 

Sale

 

5,626

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

5,754

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

6,291

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

6,661

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors LLC

 

Sale

 

6,708

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

6,800

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

7,583

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

7,723

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

7,866

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

7,868

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

8,093

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

8,630

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

8,637

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

8,760

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

9,138

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Investors LLC

 

Sale

 

10,476

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors LLC

 

Sale

 

10,937

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

12,670

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

14,384

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

14,901

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

14,946

 

7/7/2014

 

$

43.90

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

15,110

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors LLC

 

Sale

 

20,364

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

23,600

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

23,777

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

24,793

 

7/7/2014

 

$

43.34

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

27,744

 

7/7/2014

 

$

43.46

 

Open Market

 

Relational Investors LLC

 

Sale

 

720

 

7/8/2014

 

$

44.44

 

Open Market

 

Relational Investors LLC

 

Sale

 

1,853

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Investors LLC

 

Sale

 

494

 

7/8/2014

 

$

43.80

 

Open Market

 

Relational Investors LLC

 

Sale

 

1,580

 

7/8/2014

 

$

44.44

 

Open Market

 

Relational Investors LLC

 

Sale

 

4,067

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Investors LLC

 

Sale

 

1,086

 

7/8/2014

 

$

43.80

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

536

 

7/8/2014

 

$

44.44

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

571

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

12

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

797

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

368

 

7/8/2014

 

$

43.80

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

4,185

 

7/8/2014

 

$

44.44

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

10,771

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

2,876

 

7/8/2014

 

$

43.80

 

Open Market

 

 



 

Relational Fund Partners, L.P.

 

Sale

 

55

 

7/8/2014

 

$

44.44

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

57

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

85

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

11

 

7/8/2014

 

$

43.79

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

27

 

7/8/2014

 

$

43.80

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

900

 

7/8/2014

 

$

44.44

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

2,229

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

89

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

433

 

7/8/2014

 

$

43.80

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

186

 

7/8/2014

 

$

43.80

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

9,132

 

7/8/2014

 

$

44.44

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

21,884

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

1,621

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

6,276

 

7/8/2014

 

$

43.80

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

377

 

7/8/2014

 

$

44.44

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

9,586

 

7/8/2014

 

$

44.44

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

25,627

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

6,846

 

7/8/2014

 

$

43.80

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

84

 

7/8/2014

 

$

44.44

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

452

 

7/8/2014

 

$

44.44

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

738

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

643

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

301

 

7/8/2014

 

$

43.80

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

67

 

7/8/2014

 

$

43.80

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

157

 

7/8/2014

 

$

44.44

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

406

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

108

 

7/8/2014

 

$

43.80

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

331

 

7/8/2014

 

$

44.44

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

143

 

7/8/2014

 

$

44.44

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

661

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

559

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

295

 

7/8/2014

 

$

43.80

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

30

 

7/8/2014

 

$

43.80

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

581

 

7/8/2014

 

$

44.44

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

91

 

7/8/2014

 

$

44.44

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

1,054

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

677

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

462

 

7/8/2014

 

$

43.80

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

80

 

7/8/2014

 

$

44.44

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

207

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

55

 

7/8/2014

 

$

43.79

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

238

 

7/8/2014

 

$

44.44

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

615

 

7/8/2014

 

$

44.03

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

164

 

7/8/2014

 

$

43.80

 

Open Market

 

Relational Investors LLC

 

Sale

 

3,072

 

7/8/2014

 

$

44.44

 

Open Market

 

Relational Investors LLC

 

Sale

 

7,906

 

7/8/2014

 

$

44.03

 

Open Market

 

Relational Investors LLC

 

Sale

 

2,111

 

7/8/2014

 

$

43.80

 

Open Market

 

Relational Investors LLC

 

Sale

 

133

 

7/9/2014

 

$

45.23

 

Open Market

 

Relational Investors LLC

 

Sale

 

1,427

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Investors LLC

 

Sale

 

4,431

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors LLC

 

Sale

 

698

 

7/9/2014

 

$

44.99

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

1,696

 

7/9/2014

 

$

45.23

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

18,093

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

1,081

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

14,383

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

24,451

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

14,546

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

1,728

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

3,836

 

7/9/2014

 

$

44.99

 

Open Market

 

 



 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

5,015

 

7/9/2014

 

$

44.99

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

1,857

 

7/9/2014

 

$

45.23

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

12,751

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

6,977

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

43,315

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

3,758

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

14,177

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

9,651

 

7/9/2014

 

$

44.99

 

Open Market

 

Relational Investors LLC

 

Sale

 

293

 

7/9/2014

 

$

45.23

 

Open Market

 

Relational Investors LLC

 

Sale

 

3,131

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Investors LLC

 

Sale

 

9,723

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors LLC

 

Sale

 

1,531

 

7/9/2014

 

$

44.99

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

73

 

7/9/2014

 

$

45.23

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

5

 

7/9/2014

 

$

45.23

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

21

 

7/9/2014

 

$

45.23

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

961

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

102

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

941

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

703

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

4

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

4

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

4

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

725

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

395

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

24

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

501

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

520

 

7/9/2014

 

$

44.99

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

10

 

7/9/2014

 

$

45.23

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

68

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

41

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

29

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

67

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

36

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

2

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

145

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

62

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

11

 

7/9/2014

 

$

44.99

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

42

 

7/9/2014

 

$

44.99

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

44

 

7/9/2014

 

$

45.23

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

473

 

7/9/2014

 

$

43.42

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

1,470

 

7/9/2014

 

$

44.35

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

231

 

7/9/2014

 

$

44.99

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

99

 

7/9/2014

 

$

45.23

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

837

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

226

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

451

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

764

 

7/9/2014

 

$

44.35

 

Open Market

 

 



 

Relational Investors XV, L.P.

 

Sale

 

415

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

25

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

1,634

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

13

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

520

 

7/9/2014

 

$

44.99

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

29

 

7/9/2014

 

$

45.23

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

313

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

972

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

153

 

7/9/2014

 

$

44.99

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

88

 

7/9/2014

 

$

45.23

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

458

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

481

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

195

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

368

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

22

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

1,446

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

723

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

163

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

459

 

7/9/2014

 

$

44.99

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

77

 

7/9/2014

 

$

45.23

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

47

 

7/9/2014

 

$

45.23

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

772

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

560

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

389

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

517

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

31

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

2,031

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

1,016

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

155

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

652

 

7/9/2014

 

$

44.99

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

167

 

7/9/2014

 

$

45.23

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

1,784

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

3,222

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

657

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

1,663

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

129

 

7/9/2014

 

$

44.99

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

744

 

7/9/2014

 

$

44.99

 

Open Market

 

Relational Investors LLC

 

Sale

 

570

 

7/9/2014

 

$

45.23

 

Open Market

 

Relational Investors LLC

 

Sale

 

6,086

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Investors LLC

 

Sale

 

18,900

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors LLC

 

Sale

 

2,977

 

7/9/2014

 

$

44.99

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

777

 

7/9/2014

 

$

45.23

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

8,291

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

25,749

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

4,056

 

7/9/2014

 

$

44.99

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

14

 

7/9/2014

 

$

45.23

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

159

 

7/9/2014

 

$

43.42

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

294

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

201

 

7/9/2014

 

$

44.35

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

78

 

7/9/2014

 

$

44.99

 

Open Market

 

 



 

Relational Coast Partners, L.P.

 

Sale

 

1,481

 

7/10/2014

 

$

44.00

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

2,144

 

7/10/2014

 

$

44.20

 

Open Market

 

Relational Coast Partners, L.P.

 

Sale

 

240

 

7/10/2014

 

$

44.63

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

11,558

 

7/10/2014

 

$

44.00

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

16,725

 

7/10/2014

 

$

44.20

 

Open Market

 

Relational Co-Investment Fund I, L.P.

 

Sale

 

1,879

 

7/10/2014

 

$

44.63

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

153

 

7/10/2014

 

$

44.00

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

222

 

7/10/2014

 

$

44.20

 

Open Market

 

Relational Fund Partners, L.P.

 

Sale

 

24

 

7/10/2014

 

$

44.63

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

2,487

 

7/10/2014

 

$

44.00

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

3,600

 

7/10/2014

 

$

44.20

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

283

 

7/10/2014

 

$

44.63

 

Open Market

 

Relational Investors IX, L.P.

 

Sale

 

121

 

7/10/2014

 

$

44.63

 

Open Market

 

Relational Investors LLC

 

Sale

 

1,989

 

7/10/2014

 

$

44.00

 

Open Market

 

Relational Investors LLC

 

Sale

 

2,878

 

7/10/2014

 

$

44.20

 

Open Market

 

Relational Investors LLC

 

Sale

 

323

 

7/10/2014

 

$

44.63

 

Open Market

 

Relational Investors LLC

 

Sale

 

4,364

 

7/10/2014

 

$

44.00

 

Open Market

 

Relational Investors LLC

 

Sale

 

6,316

 

7/10/2014

 

$

44.20

 

Open Market

 

Relational Investors LLC

 

Sale

 

709

 

7/10/2014

 

$

44.63

 

Open Market

 

Relational Investors LLC

 

Sale

 

8,483

 

7/10/2014

 

$

44.00

 

Open Market

 

Relational Investors LLC

 

Sale

 

12,276

 

7/10/2014

 

$

44.20

 

Open Market

 

Relational Investors LLC

 

Sale

 

1,379

 

7/10/2014

 

$

44.63

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

25,221

 

7/10/2014

 

$

44.00

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

36,498

 

7/10/2014

 

$

44.20

 

Open Market

 

Relational Investors Mid-Cap Fund I, L.P.

 

Sale

 

4,101

 

7/10/2014

 

$

44.63

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

27,497

 

7/10/2014

 

$

44.00

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

39,784

 

7/10/2014

 

$

44.20

 

Open Market

 

Relational Investors Mid-Cap Fund II, L.P.

 

Sale

 

4,477

 

7/10/2014

 

$

44.63

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

1,482

 

7/10/2014

 

$

44.00

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

2,145

 

7/10/2014

 

$

44.20

 

Open Market

 

Relational Investors XV, L.P.

 

Sale

 

241

 

7/10/2014

 

$

44.63

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

436

 

7/10/2014

 

$

44.00

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

631

 

7/10/2014

 

$

44.20

 

Open Market

 

Relational Investors XVI, L.P.

 

Sale

 

70

 

7/10/2014

 

$

44.63

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

1,309

 

7/10/2014

 

$

44.00

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

1,895

 

7/10/2014

 

$

44.20

 

Open Market

 

Relational Investors XX, L.P.

 

Sale

 

212

 

7/10/2014

 

$

44.63

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

1,858

 

7/10/2014

 

$

44.00

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

2,689

 

7/10/2014

 

$

44.20

 

Open Market

 

Relational Investors XXIII, L.P.

 

Sale

 

302

 

7/10/2014

 

$

44.63

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

222

 

7/10/2014

 

$

44.00

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

322

 

7/10/2014

 

$

44.20

 

Open Market

 

Relational Investors XXIV, L.P.

 

Sale

 

36

 

7/10/2014

 

$

44.63

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

660

 

7/10/2014

 

$

44.00

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

955

 

7/10/2014

 

$

44.20

 

Open Market

 

RH Fund 1, L.P.

 

Sale

 

107

 

7/10/2014

 

$

44.63

 

Open Market

 

 


EX-99.B 3 a14-16743_1ex99db.htm EXHIBIT B

Exhibit B

 

JOINT FILING AGREEMENT

In accordance with Rule 13d-l(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the common stock, $0.00 par value, of TimkenSteel Corporation and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filing.  In evidence thereof, the undersigned hereby execute this Agreement this 10th day of July, 2014.

 

RELATIONAL INVESTORS MID-CAP FUND I, L.P.
RELATIONAL INVESTORS MID-CAP FUND II, L.P.

RELATIONAL COAST PARTNERS, L.P.

RELATIONAL FUND PARTNERS, L.P.

RH Fund 1, L.P.

RELATIONAL INVESTORS IX, L.P.

RELATIONAL INVESTORS XV, L.P.

RELATIONAL INVESTORS XVI, L.P.

RELATIONAL INVESTORS XX, L.P.

RELATIONAL INVESTORS XXIII, L.P.
RELATIONAL INVESTORS XXIV, L.P.

RELATIONAL CO-INVESTMENT FUND I, L.P.

By:

RELATIONAL INVESTORS, LLC

 

as general partner to each,

 

By:

/s/ Ralph V. Whitworth

 

 

 

Ralph V. Whitworth, Principal

 

 

 

 

 

RELATIONAL INVESTORS, LLC

 

 

 

 

 

 

 

 

By:

/s/ Ralph V. Whitworth

 

 

 

Ralph V. Whitworth, Principal

 

 

 

 

 

 

 

/s/ Ralph V. Whitworth

 

 

 

Ralph V. Whitworth

 

 

 

 

 

 

 

/s/ David H. Batchelder

 

 

 

David H. Batchelder