Azita Arvani - 07 Mar 2023 Form 4 Insider Report for TENNANT CO (TNC)

Role
Director
Signature
/s/ Kristin A. Erickson on behalf of Azita Arvani
Issuer symbol
TNC
Transactions as of
07 Mar 2023
Net transactions value
-$55,907
Form type
4
Filing time
09 Mar 2023, 15:15:39 UTC
Previous filing
17 Jun 2022
Next filing
05 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNC Common Stock Options Exercise $108,089 +2,320 +18% $46.59 15,038 07 Mar 2023 Direct
transaction TNC Common Stock Sale $163,996 -2,320 -15% $70.69 12,718 07 Mar 2023 Direct F1

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 -2,320 -100% $0.000000* 0 07 Mar 2023 Common Stock 2,320 $46.59 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 2,320 shares of common stock of Tennant Company sold by the reporting person in multiple transactions on March 7, 2023 with sale prices ranging from $70.65 to $70.84 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.