X0306 4 2012-12-26 0001409171 Titan Machinery Inc. TITN 0001418821 Christianson Peter J. 644 EAST BEATON DRIVE WEST FARGO ND 58078 1 1 0 0 President and COO Common Stock 94581 D Common Stock 2012-12-26 4 S 0 25000 24.69 D 576285 I By C.I. Farm Power, Inc. Common Stock 2012-12-27 4 S 0 25000 24.35 D 551285 I By C.I. Farm Power, Inc. Stock Option (Right to Buy) 8.50 2017-12-06 Common Stock 53000 53000 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.50 to $24.85 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 range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.12 to $24.61 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 range set forth in this footnote. Reporting Person may be deemed to be a beneficial owner of the shares pursuant to his controlling interest in C. I. Farm Power, Inc. which owns the shares. Fully exercisable. /s/ Ryan Brauer as Attorney-in-Fact for Peter J. Christianson pursuant to Power of Attorney previously filed. 2012-12-28