SEC Form 4 · accession 0001179110-17-003626
TENNANT CO · TNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Schaefer
Officer — SVP, Chief Technical Officer
Period of report
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 4:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000097134
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 28, 2017 | A | 1,054 | $0.00 | A | 11,479 | D | |
| Common Stock | Feb 28, 2017 | F | 677 | $73.20 | D | 10,802 | D | |
| Common StockF2 | Feb 28, 2017 | A | 924 | $0.00 | A | 11,726 | D | |
| Common Stock | holding | — | — | — | 733 | I | ESOP & Profit Sharing |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $73.20 | Feb 28, 2017 | A | 8,224 | A | — | Feb 28, 2027 | Common Stock | 8,224 | 8,224 | D |
Explanation of responses
- F1This award reflects the settlement under the Company's 2014-2016 Long-Term Incentive Plan.
- F2Restricted stock grant made pursuant to the 2017-2019 Long-Term Incentive Plan vesting on February 28, 2020.
- F3Options exercisable in one-third increments on each of February 28, 2018, February 28, 2019 and February 28, 2020.