0001140361-18-003830.txt : 20180130 0001140361-18-003830.hdr.sgml : 20180130 20180130153530 ACCESSION NUMBER: 0001140361-18-003830 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20180130 DATE AS OF CHANGE: 20180130 GROUP MEMBERS: JOY A. TIMKEN GROUP MEMBERS: W.R. TIMKEN, JR. GROUP MEMBERS: WARD J. TIMKEN GROUP MEMBERS: WARD J. TIMKEN, JR. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TIMKEN CO CENTRAL INDEX KEY: 0000098362 STANDARD INDUSTRIAL CLASSIFICATION: BALL & ROLLER BEARINGS [3562] IRS NUMBER: 340577130 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-15852 FILM NUMBER: 18558853 BUSINESS ADDRESS: STREET 1: 4500 MT. PLEASANT ST. NW CITY: NORTH CANTON STATE: OH ZIP: 44720-5450 BUSINESS PHONE: (234) 262-3000 MAIL ADDRESS: STREET 1: 4500 MT. PLEASANT ST. NW CITY: NORTH CANTON STATE: OH ZIP: 44720-5450 FORMER COMPANY: FORMER CONFORMED NAME: TIMKEN ROLLER BEARING CO DATE OF NAME CHANGE: 19710304 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Timken Foundation of Canton CENTRAL INDEX KEY: 0001631090 IRS NUMBER: 346520254 STATE OF INCORPORATION: OH FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 200 MARKET AVE N, SUITE #210 CITY: CANTON STATE: OH ZIP: 44702 BUSINESS PHONE: 330-452-1144 MAIL ADDRESS: STREET 1: 200 MARKET AVE N, SUITE #210 CITY: CANTON STATE: OH ZIP: 44702 SC 13G/A 1 doc1.htm NONE Schedule 13G
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G
 
 
Under the Securities Exchange Act of 1934
(Amendment No. 03)*
 
The Timken Company 
(Name of Issuer)
 
Common Shares, without par value
(Title of Class of Securities)
 
887389104
(CUSIP Number)
 
Calendar Year 2017
(Date of Event Which Requires Filing of this Statement)
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
     o  Rule 13d-1(b)
 
     o  Rule 13d-1(c)
 
     x  Rule 13d-1(d)
 
* 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 the disclosures provided in a prior cover page.
 
The information required in 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.  887389104      
 
      
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 Timken Foundation of Canton
34-6520254
   
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 (a)   x
 (b)   o
   
3 SEC USE ONLY
  
  
   
4 CITIZENSHIP OR PLACE OF ORGANIZATION
  
 Ohio
    
NUMBER OF SHARES BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER
  
 4,982,044
   
6 SHARED VOTING POWER
  
 0
   
7 SOLE DISPOSITIVE POWER
  
 4,982,044
   
8 SHARED DISPOSITIVE POWER
  
 0
   
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  
 4,982,044
   
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
  
 o
   
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  
 6.41%
   
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
  
 CO
 

FOOTNOTES
  
 
 
 
 
 
CUSIP No.  887389104      
 
      
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 Ward J. Timken
   
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 (a)   x
 (b)   o
   
3 SEC USE ONLY
  
  
   
4 CITIZENSHIP OR PLACE OF ORGANIZATION
  
 United States of America
    
NUMBER OF SHARES BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER
  
 467,386
   
6 SHARED VOTING POWER
  
 5,529,122
   
7 SOLE DISPOSITIVE POWER
  
 467,386
   
8 SHARED DISPOSITIVE POWER
  
 5,529,122
   
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  
 5,996,508
   
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
  
 o
   
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  
 7.72%
   
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
  
 IN
 

FOOTNOTES
  
 
 
 
 
 
CUSIP No.  887389104      
 
      
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 Joy A. Timken
   
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 (a)   x
 (b)   o
   
3 SEC USE ONLY
  
  
   
4 CITIZENSHIP OR PLACE OF ORGANIZATION
  
 United States of America
    
NUMBER OF SHARES BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER
  
 47,417
   
6 SHARED VOTING POWER
  
 5,602,846
   
7 SOLE DISPOSITIVE POWER
  
 47,417
   
8 SHARED DISPOSITIVE POWER
  
 5,602,846
   
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  
 5,650,263
   
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
  
 o
   
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  
 7.27%
   
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
  
 IN
 

FOOTNOTES
  
 
 
 
 
 
CUSIP No.  887389104      
 
      
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 W.R. Timken, Jr.
   
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 (a)   x
 (b)   o
   
3 SEC USE ONLY
  
  
   
4 CITIZENSHIP OR PLACE OF ORGANIZATION
  
 United States of America
    
NUMBER OF SHARES BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER
  
 117,560
   
6 SHARED VOTING POWER
  
 5,038,210
   
7 SOLE DISPOSITIVE POWER
  
 117,560
   
8 SHARED DISPOSITIVE POWER
  
 5,038,210
   
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  
 5,155,770
   
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
  
 o
   
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  
 6.64%
   
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
  
 IN
 

FOOTNOTES
  
 
 
 
 
 
CUSIP No.  887389104      
 
      
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 Ward J. Timken, Jr.
   
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 (a)   x
 (b)   o
   
3 SEC USE ONLY
  
  
   
4 CITIZENSHIP OR PLACE OF ORGANIZATION
  
 United States of America
    
NUMBER OF SHARES BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER
  
 949,462
   
6 SHARED VOTING POWER
  
 5,043,854
   
7 SOLE DISPOSITIVE POWER
  
 949,462
   
8 SHARED DISPOSITIVE POWER
  
 5,043,854
   
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  
 5,993,316
   
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
  
 o
   
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  
 7.67%
   
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
  
 IN
 

FOOTNOTES
  
 
 
 
 
 
Item 1.

 
(a)
Name of Issuer
 
 
The Timken Company

 
(b)
Address of Issuer’s Principal Executive Offices
 
 
4500 Mt. Pleasant St. NW
North Canton, OH 44720

Item 2.

 
(a)
Name of Person Filing
 
 
 (1)
Timken Foundation of Canton
 
 
 (2)
Ward J. Timken
 
 
 (3)
Joy A. Timken
 
 
 (4)
W.R. Timken, Jr.
 
 
 (5)
Ward J. Timken, Jr.

 
(b)
Address of Principal Business Office or, if none, Residence
 
 
 (1)
Timken Foundation of Canton
200 Market Ave N
Suite 210
Canton, OH 44702
 
 
 (2)
Ward J. Timken
200 Market Ave N
Suite 210
Canton, OH 44702
 
 
 (3)
Joy A. Timken
200 Market Ave N
Suite 210
Canton, OH 44702
 
 
 (4)
W.R. Timken, Jr.
200 Market Ave N
Suite 210
Canton, OH 44702
 
 
 (5)
Ward J. Timken, Jr.
200 Market Ave N
Suite 210
Canton, OH 44702

 
(c)
Citizenship
 
 
 (1)
Timken Foundation of Canton: Ohio
 
 
 (2)
Ward J. Timken: United States of America
 
 
 (3)
Joy A. Timken: United States of America
 
 
 (4)
W.R. Timken, Jr.: United States of America
 
 
 (5)
Ward J. Timken, Jr.: United States of America

 
(d)
Title of Class of Securities
 
 
Common Shares, without par value

 
(e)
CUSIP Number
 
 
887399103

 
Item 3.
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 
(a)
o
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

 
(b)
o
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 
(c)
o
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

 
(d)
o
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

 
(e)
o
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

 
(f)
o
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

 
(g)
o
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

 
(h)
o
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 
(i)
o
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

 
(j)
o
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J).

 
(k)
o
A group, in accordance with § 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

 
 
 
 
 
Item 4.
Ownership.
 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 
(a)
Amount beneficially owned:
 
 
 (1)
Timken Foundation of Canton: 4,982,044
 
 
 (2)
Ward J. Timken: 5,996,508
 
 
 (3)
Joy A. Timken: 5,650,263
 
 
 (4)
W.R. Timken, Jr.: 5,155,770
 
 
 (5)
Ward J. Timken, Jr.: 5,993,316

 
(b)
Percent of class:
 
 
 (1)
Timken Foundation of Canton: 6.41%
 
 
 (2)
Ward J. Timken: 7.72%
 
 
 (3)
Joy A. Timken: 7.27%
 
 
 (4)
W.R. Timken, Jr.: 6.64%
 
 
 (5)
Ward J. Timken, Jr.: 7.67%

 
(c)
Number of shares as to which the person has:

 
(i)
Sole power to vote or to direct the vote:
 
 
 
 (1)
Timken Foundation of Canton: 4,982,044
 
 
 
 (2)
Ward J. Timken: 467,386
 
 
 
 (3)
Joy A. Timken: 47,417
 
 
 
 (4)
W.R. Timken, Jr.: 117,560
 
 
 
 (5)
Ward J. Timken, Jr.: 949,462

 
(ii)
Shared power to vote or to direct the vote:
 
 
 
 (1)
Timken Foundation of Canton: 0
 
 
 
 (2)
Ward J. Timken: 5,529,122
 
 
 
 (3)
Joy A. Timken: 5,602,846
 
 
 
 (4)
W.R. Timken, Jr.: 5,038,210
 
 
 
 (5)
Ward J. Timken, Jr.: 5,043,854

 
(iii)
Sole power to dispose or to direct the disposition of:
 
 
 
 (1)
Timken Foundation of Canton: 4,982,044
 
 
 
 (2)
Ward J. Timken: 467,386
 
 
 
 (3)
Joy A. Timken: 47,417
 
 
 
 (4)
W.R. Timken, Jr.: 117,560
 
 
 
 (5)
Ward J. Timken, Jr.: 949,462

 
(iv)
Shared power to dispose or to direct the disposition of:
 
 
 
 (1)
Timken Foundation of Canton: 0
 
 
 
 (2)
Ward J. Timken: 5,529,122
 
 
 
 (3)
Joy A. Timken: 5,602,846
 
 
 
 (4)
W.R. Timken, Jr.: 5,038,210
 
 
 
 (5)
Ward J. Timken, Jr.: 5,043,854

Item 5.
Ownership of Five Percent or Less of a Class
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o .
 
Not applicable
 
Item 6.
Ownership of More than Five Percent on Behalf of Another Person.
 
Other persons have the right to receive and, in certain cases, share the right to direct the receipt of the dividends from, and the proceeds from the sale of the Shares identified in this Schedule 13G. All of the trustees share the voting and dispositive power with respect to the 4,982,044 Shares held by the Foundation. All trustees disclaim any beneficial interest in these Shares held by the Foundation.

(i) Ward J. Timken – 547,078 Shares of the securities identified in this Schedule 13G are held by his wife, trusts, or foundations other than the Foundation. He disclaims any beneficial interest in these securities except for 460,000 shares held in trust in which he has an interest as a lifetime income beneficiary.

(ii) Joy A. Timken – 620,802 Shares of the securities identified in this Schedule 13G are held by her husband, trusts, or foundations other than the Foundation. She disclaims any beneficial interest in these securities.

(iii) W.R. Timken, Jr – 56,166 Shares of the securities identified in this Schedule 13G are held by trusts, or foundations other than the Foundation. He disclaims any beneficial interest in these securities.

(iv) Ward J. Timken, Jr. – 61,810 Shares of the securities identified in this Schedule 13G are held by his wife or trusts. He disclaims any beneficial interest in these securities except for 53,000 shares held in trust in which he is a lifetime income beneficiary.
 
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
 
Not applicable
 
Item 8.
Identification and Classification of Members of the Group
 
This statement is being filed by the Foundation, an Ohio Private Charitable Foundation, and its voting trustees, Ward J. Timken, Joy A. Timken, W.R. Timken, Jr. and Ward J. Timken, Jr. They are voting as a group only with respect to the shares held by the Foundation. All other shares with shared power are reported individually, as detailed in Item 6.
 
Item 9.
Notice of Dissolution of Group
 
Not applicable
 
 
 
 
 
 
Item 10.
Certification
  
Not applicable.
 
 

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.
 
 
 The Timken Foundation of Canton
 
    
Date: January 30, 2018
By:
/s/  James M. Gresh 
   Name: James M. Gresh 
   Title:  Executive Director 
    
 
 
 
 The Timken Foundation of Canton
 
    
Date: January 30, 2018
By:
/s/  Ward J. Timken 
   Name: Ward J. Timken 
   Title:  Trustee 
    
 
 
 
 The Timken Foundation of Canton
 
    
Date: January 30, 2018
By:
/s/  Joy A. Timken 
   Name: Joy A. Timken 
   Title:  Trustee 
    
 
 
 
 The Timken Foundation of Canton
 
    
Date: January 30, 2018
By:
/s/  W.R.Timken, Jr. 
   Name: W.R.Timken, Jr. 
   Title:  Trustee 
    
 
 
 
 The Timken Foundation of Canton
 
    
Date: January 30, 2018
By:
/s/  Ward J. Timken, Jr. 
   Name: Ward J. Timken, Jr. 
   Title:  Trustee 
    
 
Footnotes:

Attention:
Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)
 
 

 EX-1 2 ex99_1tkr.htm EX-1
Exhibit 99.1

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended, the persons named below agree and consent to the joint filing on behalf of each of them of a Statement on Schedule 13G filed on January 30, 2018 (including additional amendments thereto) with respect to the common shares, without par value, of The Timken Company.  This Joint Filing Agreement shall be filed as Exhibit 99.1 to such Statement.

Dated:  January 30, 2018

TIMKEN FOUNDATION OF CANTON

By:
/s/ James M. Gresh
  
Name:
James M. Gresh
  
Title:
Executive Director
  
     
TRUSTEES
    
     
By:
/s/ Ward J. Timken
  
Name:
Ward J. Timken
  
Title:
Trustee
  
     
By:
/s/ Joy A. Timken
  
Name:
Joy A. Timken
  
Title:
Trustee
  
     
By:
/s/ W.R. Timken, Jr.
  
Name:
W.R.. Timken, Jr.
  
Title:
Trustee
  
     
By:
/s/ Ward J. Timken, Jr.
  
Name:
Ward J. Timken, Jr.
  
Title:
Trustee