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OMB APPROVAL
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OMB Number: 3235-0145
Expires: September 30, 1998
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 20)*
THE TIMKEN COMPANY
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock Without Par Value
- --------------------------------------------------------------------------------
(Title of Class of Securities)
8873895
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(CUSIP Number)
Check the following box if a fee is being paid with this statement / /. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*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).
SEC 1745 (5-87)
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SCHEDULE 13G
<TABLE>
CUSIP NO. 8873895 PAGE 2 OF 2 PAGES
<S> <C>
- -----------------------------------------------------------------------------------------------------------
| 1 | NAMES OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | William Robert Timken, Jr. |
| | ###-##-#### |
|-----|---------------------------------------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | (b) [ x ] |
|-----|---------------------------------------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|-----|---------------------------------------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | United States of America |
|-------------------------------|-------|-----------------------------------------------------------------|
| NUMBER OF | 5 | SOLE VOTING POWER |
| | | |
| SHARES | | 279,283 |
| |-------|-----------------------------------------------------------------|
| BENEFICIALLY | 6 | SHARED VOTING POWER |
| | | |
| OWNED BY | | 7,868,081 |
| |-------|-----------------------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| | | |
| REPORTING | | 279,283 |
| |-------|-----------------------------------------------------------------|
| PERSON WITH | 8 | SHARED DISPOSITIVE POWER |
| | |
| | | 7,868,081 |
|-------------------------------|-------|-----------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 8,147,364 |
|-----|---------------------------------------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |
| | [ ] |
|-----|---------------------------------------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | |
| | 13.16% |
|-----|---------------------------------------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON* |
| | |
| | IN |
- -----------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 20)
Item 1 (a). Name of Issuer:
The Timken Company
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Item 1 (b). Address of Issuer's Principal Executive Offices:
1835 Dueber Avenue, S.W.
Canton, Ohio 44706
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Item 2 (c). Name of Person Filing:
William Robert Timken, Jr.
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Item 2 (b). Address of Principal Business Office or, if none, Residence:
1835 Dueber Avenue, S.W.
Canton, Ohio 44706
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Item 2 (c). Citizenship:
United States
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Item 2 (d). Title of Class of Securities:
Common Stock Without Par Value
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Item 2 (e). CUSIP Number:
8873895
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Item 3. Status of Person Filing.
Not Applicable.
Item 4. Ownership:
(a) Amount Beneficially Owned:........ 8,147,364................
(b) Percent of Class:................... 13.16%.................
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote.... 279,283....
(ii) shared power to vote or to direct the vote.. 7,868,081....
(iii) sole power to dispose or to direct the
disposition of.............................. 279,283...
(iv) shared power to dispose or to direct the
disposition of ............................. 7,868,081...
Item 5. Ownership of Five Percent or Less of a Class.
Not Applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable [ ]
Response to this Item is contained on the separate sheet(s) attached
hereto [XX].
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
Not Applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.
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"In response to item 6, 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, 7,868,081 shares of the securities identified in
this Schedule 13G.
5,247,944 shares of the securities identified in this Schedule 13G are held by
the Timken Foundation of Canton, which is a charitable foundation. The three
trustees of the Timken Foundation of Canton are Messrs. Ward J. Timken, Don D.
Dickes, and me. All of the trustees share the voting and dispositive power with
respect to the securities held by the Timken Foundation of Canton.
2,090,523 shares of the securities identified in this Schedule 13G are held by
my wife, or trusts or foundations other than the Timken Foundation of Canton. I
disclaim the beneficial ownership of these securities as well as the securities
held by the Timken Foundation of Canton.
529,614 shares of the securities identified in this Schedule 13G are held by the
Estate of Louise B. Timken. The co-executors of the estate of Louise B. Timken
are Mr. Ward J. Timken and me. We share the voting and dispositive power with
respect to these securities held by the Estate of Louise B. Timken. I disclaim
the beneficial ownership of these securities, except for a one-sixth interest
(88,269 shares), which will be distributed to me under the terms of Louise B.
Timken's will."
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Item 10. Certification.
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.
February 4, 1999
- ---------------------------------
Date
/s/ William Robert Timken, Jr.
- ---------------------------------
Signature
William Robert Timken, Jr.
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Name/Title: Chairman of the Board
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT
CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
