SEC Form 4 · accession 0001179110-18-011240
TENNANT CO · TNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David W. Huml
Officer — SVP, Global Marketing
Period of report
Sep 6, 2018
Accepted (ET)
Sep 10, 2018 · 4:03 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 | Sep 6, 2018 | M | 7,406 | $52.42 | A | 14,975 | D | |
| Common Stock | Sep 6, 2018 | M | 6,010 | $66.97 | A | 20,985 | D | |
| Common StockF1 | Sep 6, 2018 | S | 13,416 | $75.1482 | D | 7,569 | 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)F2 | $52.42 | Sep 6, 2018 | M | 7,406 | D | — | Feb 26, 2026 | Common Stock | 7,406 | 3,703 | D |
| Stock Option (right to buy)F3 | $66.97 | Sep 6, 2018 | M | 6,010 | D | — | Feb 27, 2025 | Common Stock | 6,010 | 0 | D |
Explanation of responses
- F1Reflects the weighted average price of 13,416 shares of common stock of Tennant Company sold by the reporting person in multiple transactions on September 6, 2018, with sale prices ranging from $74.95 to $75.60 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.
- F2Options exercisable in one-third increments on each of February 26, 2017, February 26, 2018 and February 26, 2019.
- F3Fully vested.