SEC Form 4 · accession 0001179110-17-005957
TENNANT CO · TNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Paulson
Officer — SVP, CFO
Period of report
Apr 10, 2017
Accepted (ET)
Apr 12, 2017 · 4:05 pm EDT
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 | Apr 10, 2017 | M | 7,500 | $10.08 | A | 38,229 | D | |
| Common StockF1,F2 | Apr 10, 2017 | S | 7,500 | $71.7123 | D | 30,729 | D | |
| Common Stock | holding | — | — | — | 1,886 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock (right to buy) | $10.08 | Apr 10, 2017 | M | 7,500 | D | Feb 27, 2012 | Feb 27, 2019 | Common Stock | 7,500 | 41,092 | D |
Explanation of responses
- F1The stock option exercise and sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2015.
- F2Reflects the weighted average price of 7,500 shares of Common Stock of Tennant Company sold by the reporting person in multiple transactions on April 10, 2017 with sale prices ranging from $71.15 to $72.00. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.