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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(Print or Type Responses)
1. Name and Address of Reporting Person *
MAXWELL JOSEPH D
  2. Issuer Name and Ticker or Trading Symbol
TRACTOR SUPPLY CO /DE/ [TSCO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
200 POWELL PLACE
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2005
(Street)

BRENTWOOD, TN 37027
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ 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)
Code V Amount (A) or (D) Price
Common stock 05/20/2005   S   15,000 D $ 42.418 65,000 I JKM Partners (1)
Common stock 05/20/2005   S   15,000 D $ 42.418 65,000 I JDM Partners (2)
Common stock               224,968 I By spouse (3)
Common stock               135,968 D  

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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-qualified stock option $ 3.3575             01/25/2004 01/25/2011 Common stock 2,000   2,000 D  
Non-qualified stock option $ 8.9075             01/24/2004 01/24/2012 Common stock 2,000   2,000 D  
Non-qualified stock option $ 8.9075             01/24/2005 01/24/2012 Common stock 2,000   2,000 D  
Non-qualified stock option $ 19.64             01/23/2004 01/23/2013 Common stock 1,000   1,000 D  
Non-qualified stock option $ 19.64             01/23/2005 01/23/2013 Common stock 1,000   1,000 D  
Non-qualified stock option $ 19.64             01/23/2006 01/23/2013 Common stock 1,000   1,000 D  
Non-qualified stock option $ 42.65             01/22/2005 01/22/2014 Common stock 666 (4)   666 (4) D  
Non-qualified stock option $ 42.65             01/22/2006 01/22/2014 Common stock 667 (4)   667 (4) D  
Non-qualified stock option $ 42.65             01/22/2007 01/22/2014 Common stock 667 (4)   667 (4) D  
Non-qualified stock option $ 36.395             02/02/2007 02/02/2015 Common stock 500   500 D  
Non-qualified stock option $ 36.395             02/02/2008 02/02/2015 Common stock 500   500 D  
Non-qualified stock option $ 36.395             02/02/2009 02/02/2015 Common stock 500   500 D  
Non-qualified stock option $ 36.395             02/02/2010 02/02/2015 Common stock 500   500 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MAXWELL JOSEPH D
200 POWELL PLACE
BRENTWOOD, TN 37027
  X      

Signatures

 Joseph D. Maxwell, By: /s/ David C. Lewis, as Attorney-in-Fact   05/24/2005
**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) The Reporting Person is a general partner of the partnership that owns the reported securities.
(2) The spouse of the Reporting Person is a general partner of the partnership that owns the reported securities.
(3) The Reporting Person disclaims beneficial ownership of all shares held by his spouse. This report should not be deemed an admission that the Reporting Person is the beneficial owner of such shares for purposes of Section 16 or any other purpose.
(4) Fractional shares are rounded to the nearest whole number.

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