SEC Form SC 13G/A filed by Titan Machinery Inc. (Amendment)
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Other Specialty Stores
Consumer Discretionary
| UNITED STATES | ||||||||
| SECURITIES AND EXCHANGE COMMISSION | ||||||||
| Washington, D.C. 20549 | ||||||||
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 10)*
TITAN MACHINERY INC.
(Name of Issuer)
Common Stock, $0.00001 par value
(Title of Class of Securities)
88830R101
(CUSIP Number)
December 31, 2021
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
| o | Rule 13d-1(b) | ||||
| o | Rule 13d-1(c) | ||||
| ý | Rule 13d-1(d) | ||||
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| CUSIP No. 88830R101 | 13G | |||||||||||||||||||
| 1 | Names of Reporting Persons | |||||||||||||||||||
| David J. Meyer | ||||||||||||||||||||
| 2 | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||||||||||||||||
| (a) | ||||||||||||||||||||
| (b) | ||||||||||||||||||||
| ** Joint Filing | ||||||||||||||||||||
| 3 | SEC Use Only | |||||||||||||||||||
| 4 | Citizenship or Place of Organization | |||||||||||||||||||
| U.S.A. | ||||||||||||||||||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | Sole Voting Power | ||||||||||||||||||
| 112,864 | ||||||||||||||||||||
| 6 | Shared Voting Power | |||||||||||||||||||
| 1,750,000 | ||||||||||||||||||||
| 7 | Sole Dispositive Power | |||||||||||||||||||
| 112,864 | ||||||||||||||||||||
| 8 | Shared Dispositive Power | |||||||||||||||||||
| 1,750,000 | ||||||||||||||||||||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |||||||||||||||||||
| 1,862,864 | ||||||||||||||||||||
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) | |||||||||||||||||||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | |||||||||||||||||||
| 8.2% (1) | ||||||||||||||||||||
| 12 | TYPE OF REPORTING PERSON (See Instructions) | |||||||||||||||||||
| IN | ||||||||||||||||||||
(1) The percentage is based upon 22,590,916 shares of Common Stock (as defined below) outstanding as of November 29, 2021, as reported by the Issuer (as defined below) in its Quarterly Report on Form 10-Q for the quarterly period ended October 31, 2021, as filed with the Securities and Exchange Commission on December 2, 2021.
| CUSIP No. 88830R101 | 13G | |||||||||||||||||||
| 1 | Names of Reporting Persons | |||||||||||||||||||
| Meyer Family Investment LLLP (1) | ||||||||||||||||||||
| 2 | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||||||||||||||||
| (a) | ||||||||||||||||||||
| (b) | ||||||||||||||||||||
| ** Joint Filing | ||||||||||||||||||||
| 3 | SEC Use Only | |||||||||||||||||||
| 4 | Citizenship or Place of Organization | |||||||||||||||||||
| North Dakota | ||||||||||||||||||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | Sole Voting Power | ||||||||||||||||||
| 1,750,000 | ||||||||||||||||||||
| 6 | Shared Voting Power | |||||||||||||||||||
| 0 | ||||||||||||||||||||
| 7 | Sole Dispositive Power | |||||||||||||||||||
| 1,750,000 | ||||||||||||||||||||
| 8 | Shared Dispositive Power | |||||||||||||||||||
| 0 | ||||||||||||||||||||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |||||||||||||||||||
| 1,750,000 | ||||||||||||||||||||
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) | |||||||||||||||||||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | |||||||||||||||||||
| 7.7% (2) | ||||||||||||||||||||
| 12 | TYPE OF REPORTING PERSON (See Instructions) | |||||||||||||||||||
| PN | ||||||||||||||||||||
(1) On June 30, 2021, Meyer Family Investment Limited Partnership, which was previously identified as a reporting person in prior amendments to this Schedule 13G, converted from a limited partnership to a limited liability limited partnership and was renamed Meyer Family Investment LLLP.
(2) The percentage is based upon 22,590,916 shares of Common Stock outstanding as of November 29, 2021, as reported by the Issuer in its Quarterly Report on Form 10-Q for the quarterly period ended October 31, 2021, as filed with the Securities and Exchange Commission on December 2, 2021.
| Item 1. | |||||||||||
| (a) | Name of Issuer Titan Machinery Inc. (the "Issuer") | ||||||||||
| (b) | Address of Issuer’s Principal Executive Offices 644 East Beaton Drive; West Fargo, ND 58078 | ||||||||||
| Item 2. | |||||||||||
| (a) | Name of Person Filing This Schedule 13G is being filed jointly by David J. Meyer and Meyer Family Investment LLLP (each a "Reporting Person") pursuant to a Joint Filing Agreement incorporated by reference herein. | ||||||||||
| (b) | Address of Principal Business Office or, if none, Residence 644 East Beaton Drive; West Fargo, ND 58078 | ||||||||||
| (c) | Citizenship See response to row 4 on each of the cover pages. | ||||||||||
| (d) | Title of Class of Securities Common Stock, $0.00001 par value ("Common Stock") | ||||||||||
| (e) | CUSIP Number 88830R101 | ||||||||||
| Item 3. | If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | ||||||||||
| (a) | o | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78c). | |||||||||
| (b) | o | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). | |||||||||
| (c) | o | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). | |||||||||
| (d) | o | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). | |||||||||
| (e) | o | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); | |||||||||
| (f) | o | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); | |||||||||
| (g) | o | A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); | |||||||||
| (h) | o | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | |||||||||
| (i) | o | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | |||||||||
| (j) | o | A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J). | |||||||||
| (k) | o | Group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: | |||||||||
| Item 4. | Ownership | ||||
The information set forth in rows 5 through 9 and row 11 on each of the cover pages for each of the Reporting Persons is incorporated by reference. | |||||
| Item 5. | Ownership of Five Percent or Less of a Class | ||||
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o. | |||||
| Item 6. | Ownership of More than Five Percent on Behalf of Another Person | ||||
| Not Applicable. | |||||
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person | ||||
| Not Applicable. | |||||
| Item 8. | Identification and Classification of Members of the Group | ||||
| Not Applicable. | |||||
| Item 9. | Notice of Dissolution of Group | ||||
| Not Applicable. | |||||
| Item 10. | Certification | ||||
| Not Applicable. | |||||
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| Dated: February 9, 2022 | /s/David J. Meyer | |||||||
| Dated: February 9, 2022 | MEYER FAMILY INVESTMENT LLLP | |||||||
| By: /s/David J. Meyer | ||||||||
Its: General Partner | ||||||||
LIST OF EXHIBITS
| Exhibit No. | Description | ||||||||||||||||
| *Incorporated by reference to the Joint Filing Agreement dated February 5, 2013, between the Reporting Persons, which was previously filed with the Securities and Exchange Commission as Exhibit 1 to Amendment No. 5 to the Schedule 13G filed by David J. Meyer and Meyer Family Investment Limited Partnership on February 5, 2013. | |||||||||||||||||