SEC Form 4 · accession 0001179110-17-006316
TENNANT CO · TNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carol S Eicher
Director
Period of report
Apr 27, 2017
Accepted (ET)
May 1, 2017 · 4:19 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 27, 2017 | A | 684 | $0.00 | A | 9,263 | D | |
| Common Stock | May 1, 2017 | M | 1,397 | $31.12 | A | 10,660 | D | |
| Common Stock | May 1, 2017 | M | 2,000 | $19.54 | A | 12,660 | D | |
| Common StockF2 | May 1, 2017 | S | 1,928 | $73.7579 | D | 10,732 | D |
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 | $73.05 | Apr 27, 2017 | A | 3,014 | A | — | Apr 27, 2027 | Common Stock | 3,014 | 3,014 | D |
| Stock Option (right to buy) | $31.12 | May 1, 2017 | M | 1,397 | D | Aug 19, 2011 | Aug 19, 2018 | Common Stock | 1,397 | 0 | D |
| Stock Option (right to buy) | $19.54 | May 1, 2017 | M | 2,000 | D | May 12, 2012 | May 12, 2019 | Common Stock | 2,000 | 0 | D |
Explanation of responses
- F1Non-Employee Director restricted stock grant.
- F2Reflects the weighted average price of 1,928 shares of Common Stock of Tennant Company sold by the reporting person in multiple transactions on May 1, 2017 with sale prices ranging from $73.71 to $73.95. 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.
- F3The option is exercisable in one-third increments on each of April 27, 2018, April 27, 2019 and April 27, 2020.