Edgar Filing: TITANIUM METALS CORP

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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3235-0287

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January 31, 2005

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

SIMMONS HAROLD C

2. Issuer Name and Ticker or Trading Symbol
TITANIUM METALS CORP [TIE]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	__X__ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Chairman of the Board

(Last)

(First)

(Middle)

THREE LINCOLN CENTRE, 5430 LBJ FREEWAY STE 1700

3. Date of Earliest Transaction (Month/Day/Year)
11/19/2007

(Street)

DALLAS, TX 75240-2697

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $.01 par value	11/19/2007		J⁽¹⁾	V	1,696,884	D	⁽¹⁾	48,498,285	I	by VHC ⁽²⁾
Common Stock, $.01 par value	11/19/2007		J⁽¹⁾	V	1,696,884	A	⁽¹⁾	1,696,884	I	by Contran ⁽³⁾
Common Stock, $.01 par value	11/19/2007		J⁽¹⁾	V	1,696,265	D	⁽¹⁾	619	I	by Contran ⁽³⁾
Common Stock, $.01 par value	11/19/2007		J⁽¹⁾	V	104,913	A	⁽¹⁾	104,913	I	by Dixie Rice ⁽⁴⁾
Common Stock, $.01 par value	11/19/2007		J⁽¹⁾	V	1,208,443	A	⁽¹⁾	1,208,443	I	by Flight Pro ⁽⁵⁾
Common Stock, $.01 par value	11/19/2007		J⁽¹⁾	V	1,208,443	D	⁽¹⁾	0	I	by Flight Pro ⁽⁵⁾
Common Stock, $.01 par value	11/19/2007		J⁽¹⁾	V	1,208,443	A	⁽¹⁾	1,208,443	I	by Flight Leasing ⁽⁶⁾
Common Stock, $.01 par value	11/19/2007		J⁽¹⁾	V	104,913	D	⁽¹⁾	0	I	by Dixie Rice ⁽⁴⁾
Common Stock, $.01 par value	11/19/2007		J⁽¹⁾	V	1,208,443	D	⁽¹⁾	0	I	by Flight Leasing ⁽⁶⁾
Common Stock, $.01 par value	11/19/2007		J⁽¹⁾	V	1,696,265	A	⁽¹⁾	6,869,239	D
Common Stock, $.01 par value								882,568	I	by NL ⁽⁷⁾
Common Stock, $.01 par value								826,959	I	by Valhi ⁽⁸⁾
Common Stock, $.01 par value								566,529	I	by NL EMS ⁽⁹⁾
Common Stock, $.01 par value								209,857	I	by CDCT ⁽¹⁰⁾
Common Stock, $.01 par value								343,675	I	by Spouse ⁽¹¹⁾
Common Stock, $.01 par value								17,432	I	by Trust ⁽¹²⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
SIMMONS HAROLD C THREE LINCOLN CENTRE 5430 LBJ FREEWAY STE 1700 DALLAS, TX 75240-2697	X	X	Chairman of the Board
Simmons Annette C 5430 LBJ FREEWAY, SUITE 1700 DALLAS, TX 75240		X

Signatures

A. Andrew R. Louis, Attorney-in-fact, for Harold C. Simmons		11/20/2007
^**Signature of Reporting Person		Date
A. Andrew R. Louis, Attorney-in-fact, for Annette C. Simmons		11/20/2007
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	See Exhibit 99.1 attached hereto.
(2)	Directly held by Valhi Holding Company. See Exhibits 99.1 and 99.2 for, among other things, a description of the relationships among the persons joining in this filing.
(3)	Directly held by Contran Corporation. See Exhibits 99.1 and 99.2 for, among other things, a description of the relationships among the persons joining in this filing.
(4)	Directly held by Dixie Rice Agricultural Corporation, Inc. See Exhibits 99.1 and 99.2 for, among other things, a description of the relationships among the persons joining in this filing.
(5)	Directly held by Flight Proficiency Service, Inc. See Exhibits 99.1 and 99.2 for, among other things, a description of the relationships among the persons joining in this filing.
(6)	Directly held by Flight Leasing, Inc. See Exhibits 99.1 and 99.2 for, among other things, a description of the relationships among the persons joining in this filing.
(7)	Directly held by NL Industries, Inc. See Exhibits 99.1 and 99.2 for, among other things, a description of the relationships among the persons joining in this filing.
(8)	Directly held by Valhi, Inc. See Exhibits 99.1 and 99.2 for, among other things, a description of the relationships among the persons joining in this filing.
(9)	Directly held by NL Environmental Management Services, Inc. See Exhibits 99.1 and 99.2 for, among other things, a description of the relationships among the persons joining in this filing.
(10)	Directly held by the Contran Amended and Restated Deferred Compensation Trust. See Exhibits 99.1 and 99.2 for, among other things, a description of the relationships among the persons joining in this filing.
(11)	Directly held by the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of these shares.
(12)	Directly held by The Annette Simmons Grandchildren's Trust. See Exhibits 99.1 and 99.2 for, among other things, a description of the relationships among the persons joining in this filing.
Remarks: Exhibit Index 99.1 Dexcription of the Transactions 99.2 Additional Information

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