Titan Machinery Inc. — Director's Dealing 2017

Jun 5, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Titan Machinery Inc. (TITN)
CIK: 0001409171
Period of Report: 2017-06-01

Reporting Person: CHRISTIANSON TONY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-01	Common Stock	A	3982	—	Acquired	33678	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	87531	Indirect
Common Stock	200000	Indirect
Common Stock	6071	Indirect

Footnotes

F1: Reporting person owns a controlling interest in Adam Smith Companies, LLC which owns the shares and owned the exercised warrants. Reporting person expressly disclaims beneficial ownership except to the extent of his pecuniary interest in the entity owning the shares.

F2: Reporting person owns a controlling interest in Adam Smith Fund, LLC which owns the shares. Reporting person expressly disclaims beneficial ownership except to the extent of his pecuniary interest in the entity owning the shares.

F3: Reporting person owns a controlling interest in Cherry Tree Companies, LLC which owns the shares and owned the exercised warrants. Reporting person expressly disclaims beneficial ownership except to the extent of his pecuniary interest in the entity owning the shares.