Richard H. Zay - Feb 27, 2023 Form 4 Insider Report for TENNANT CO (TNC)

Role
CHIEF COMMERCIAL OFFICER
Signature
/s/ Kristin A. Erickson on behalf of Richard H. Zay
Stock symbol
TNC
Transactions as of
Feb 27, 2023
Transactions value $
-$940,878
Form type
4
Date filed
2/29/2024, 04:35 PM
Previous filing
Feb 28, 2023
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNC Common Stock Options Exercise $515K +7.69K +69.31% $66.97 18.8K Feb 27, 2024 Direct
transaction TNC Common Stock Options Exercise $370K +7.05K +37.55% $52.42 25.8K Feb 27, 2024 Direct
transaction TNC Common Stock Sale -$1.62M -14.7K -57.06% $110.19 11.1K Feb 27, 2024 Direct F1
transaction TNC Common Stock Award $0 +3.74K +33.7% $0.00 14.8K Feb 27, 2024 Direct
transaction TNC Common Stock Award $0 +5.82K +39.25% $0.00 20.7K Feb 27, 2024 Direct
transaction TNC Common Stock Tax liability -$201K -1.83K -8.83% $110.16 18.8K Feb 27, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TNC Stock Option (right to buy) Options Exercise $0 -7.69K -100% $0.00* 0 Feb 27, 2024 Common Stock 7.69K $66.97 Direct F2
transaction TNC Stock Option (right to buy) Options Exercise $0 -7.05K -50% $0.00 7.05K Feb 27, 2024 Common Stock 7.05K $52.42 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the weighted average price of 14,743 shares of common stock of Tennant Company sold by the reporting person in multiple transactions on February 27, 2024 with sale prices ranging from $110.00 to $110.485 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.
F2 Fully vested.