Donal L. Mulligan - 03 Apr 2023 Form 4 Insider Report for TENNANT CO (TNC)

Role: Director
Signature: /s/ Kristin A. Erickson on behalf of Donal L. Mulligan
Issuer symbol: TNC
Transactions as of: 03 Apr 2023
Net transactions value: -$50,553
Form type: 4
Filing time: 05 Apr 2023, 16:09:47 UTC
Previous filing: 24 Feb 2023
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	+15%	$46.59	17,588	03 Apr 2023	Direct	F1
transaction	TNC	Common Stock	Sale	$158,642	-2,320	-13%	$68.38	15,268	03 Apr 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	03 Apr 2023	Common Stock	2,320	$46.59	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Stock option exercise and sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 10, 2021.
F2	Fully vested.