Titan Machinery Inc. — Director's Dealing 2012

Jul 3, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Titan Machinery Inc. (TITN)
CIK: 0001409171
Period of Report: 2012-06-29

Reporting Person: Irwin James (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-29	Common Stock	M	1250	$4.00	Acquired	1250	Direct
2012-06-29	Common Stock	M	2667	$4.50	Acquired	3917	Direct
2012-06-29	Common Stock	M	2667	$4.50	Acquired	6584	Direct
2012-06-29	Common Stock	S	6584	$30.3266	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-06-29	Stock Option (right to buy)	$4.00	M	1250	Disposed	2015-02-02	Common Stock (1250)	Direct
2012-06-29	Stock Option (right to buy)	$4.50	M	2667	Disposed	2016-02-02	Common Stock (2667)	Direct
2012-06-29	Stock Option (right to buy)	$4.50	M	2667	Disposed	2017-02-02	Common Stock (2667)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8750	Indirect