Filing Details
- Accession Number:
- 0000914190-10-000631
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-09-21 17:01:13
- Reporting Period:
- 2010-09-17
- Filing Date:
- 2010-09-21
- Accepted Time:
- 2010-09-21 17:01:13
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1409171 | Titan Machinery Inc. | TITN | Retail-Retail Stores, Nec (5990) | 450357838 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1205409 | Tony Christianson | 301 Carlson Parkway Suite 103 Minnetonka MN 55305 | Yes | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2010-09-17 | 37,500 | $16.11 | 491,449 | No | 4 | S | Indirect | By Adam Smith Fund, LLC |
Common Stock | Disposition | 2010-09-17 | 12,500 | $16.11 | 154,123 | No | 4 | S | Indirect | By Adam Smith Growth Partners |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | By Adam Smith Fund, LLC |
No | 4 | S | Indirect | By Adam Smith Growth Partners |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 5,716 | Direct | |
Common Stock | 10,859 | Indirect | By Adam Smith Companies, LLC |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Warrant (right to buy) | $3.50 | 2005-02-15 | 2013-04-07 | 6,672 | 6,672 | Indirect |
Common Stock | Warrant (right to buy) | $3.00 | 2003-04-07 | 2013-04-07 | 8,938 | 8,938 | Indirect |
Common Stock | Warrant (right to buy) | $3.50 | 2004-08-01 | 2014-08-01 | 6,071 | 6,071 | Indirect |
Common Stock | Stock Option (right to buy) | $4.50 | 2007-02-02 | 2017-02-02 | 2,667 | 2,667 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2013-04-07 | 6,672 | 6,672 | Indirect |
2013-04-07 | 8,938 | 8,938 | Indirect |
2014-08-01 | 6,071 | 6,071 | Indirect |
2017-02-02 | 2,667 | 2,667 | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.02 to $16.255, inclusive. The reporting person undertakes to provide 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 this footnote.
- Reporting person owns a controlling interest in Adam Smith Fund, LLC which owns the shares and warrants. Reporting person expressly disclaims beneficial ownership except to the extent of his pecuniary interest in the entity owning the shares and warrants.
- Reporting person owns a controlling interest in Adam Smith Growth Partners which owns the shares. Reporting person expressly disclaims beneficial ownership except to the extent of his pecuniary interest in the entity owning the shares.
- Reporting person owns a controlling interest in Adam Smith Companies, LLC which owns the shares and warrants. Reporting person expressly disclaims beneficial ownership except to the extent of his pecuniary interest in the entity owning the shares and warrants.
- Reporting person owns a controlling interest in Cherry Tree Companies, LLC which owns the warrants. Reporting person expressly disclaims beneficial ownership except to the extent of his pecuniary interest in the entity owning the warrants.