SEC Form 4 · accession 0001409171-17-000031
Titan Machinery Inc. · TITN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Joseph Meyer
Officer — Chairman and CEO · Director · 10% Owner
Period of report
May 26, 2017
Accepted (ET)
May 30, 2017 · 5:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001409171
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 26, 2017 | S | 44,950 | $17.2493 | D | 724,660 | D | |
| Common StockF2 | holding | — | — | — | 2,200,000 | I | By the Meyer Family Investment Limited Partnership |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.16 to $17.40, inclusive. The reporting person undertakes to provide to Titan Machinery Inc., any security holder of Titan Machinery Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- F2The reporting person transferred these shares to the Meyer Family Investment Limited Partnership, a limited partnership for which the reporting person and the reporting person's spouse are the general partners and for which certain trusts for the benefit of the reporting person and the reporting person's family are limited partners.