Starboard Value’s Titan International TWI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-550,000	Closed	-$5.15M	–	35
2015 Q1	$5.15M	Hold	550,000	–	–	0.11%	23
2014 Q4	$5.85M	Buy	550,000 +50,000	+10%	+$532K	0.13%	26
2014 Q3	$5.91M	Buy	+500,000	New	+$5.91M	0.21%	26