SEC Form 4 · accession 0000899751-15-000057
TITAN INTERNATIONAL INC · TWI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard M Cashin Jr.
Director
Period of report
Sep 29, 2015
Accepted (ET)
Oct 1, 2015 · 6:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000899751
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Sep 29, 2015 | J | 729,157 | $6.535 | D | 0 | I | By the Richard M. Cashin Jr. 2015 Titan GRAT trust |
| Common stockF1 | Sep 29, 2015 | J | 729,157 | $6.535 | A | 729,157 | D | |
| Common stock | Sep 30, 2015 | G | 729,157 | $0.00 | D | 0 | D | |
| Common stockF2 | Sep 30, 2015 | J | 729,157 | — | A | 729,157 | I | By the Richard M. Cashin Jr. 2015 Titan GRAT II trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock options | $27.915 | holding | — | — | — | May 12, 2011 | May 12, 2021 | Common stock | 10,000 | 10,000 | D |
| Stock options | $23.385 | holding | — | — | — | May 17, 2012 | May 17, 2022 | Common stock | 15,000 | 15,000 | D |
| Stock options | $24.065 | holding | — | — | — | May 16, 2013 | May 16, 2023 | Common stock | 20,000 | 20,000 | D |
| Stock options | $16.01 | holding | — | — | — | May 16, 2014 | May 16, 2024 | Common stock | 20,000 | 20,000 | D |
| Stock options | $11.03 | holding | — | — | — | Jun 4, 2015 | Jun 4, 2025 | Common stock | 20,000 | 20,000 | D |
Explanation of responses
- F1On September 29, 2015, Mr. Cashin purchased all the shares he previously placed in trust from the Richard M. Cashin Jr. 2015 TItan GRAT trust for estate planning purposes.
- F2On September 30, 2015, Mr. Cashin transferred 729,157 shares of Titan to the Richard M. Cashin Jr. 2015 Titan GRAT II trust for estate planning purposes.