SEC Form 4 · accession 0001179110-18-010541
TENNANT CO · TNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Paulson
Officer — SVP, CFO
Period of report
Aug 9, 2018
Accepted (ET)
Aug 13, 2018 · 4:04 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 Stock | Aug 9, 2018 | M | 15,000 | $10.08 | A | 40,007 | D | |
| Common StockF1 | Aug 9, 2018 | S | 14,700 | $78.293 | D | 25,307 | D | |
| Common StockF2 | Aug 9, 2018 | S | 300 | $78.8667 | D | 25,007 | D | |
| Common Stock | holding | — | — | — | 1,909 | I | By 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 | $10.08 | Aug 9, 2018 | M | 15,000 | D | — | Feb 27, 2019 | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1Reflects the weighted average price of 14,700 shares of common stock of Tennant Company sold by the reporting person in multiple transactions on August 9, 2018 with sale prices ranging from $77.65 to $78.60 per share. 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.
- F2Reflects the weighted average price of 300 shares of common stock of Tennant Company sold by the reporting person in multiple transactions on August 9, 2018 with sale prices ranging from $78.65 to $79.20 per share. 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.
- F3Fully vested.