Carol E. McKnight - May 23, 2023 Form 4 Insider Report for TENNANT CO (TNC)

Role
SVP, CHIEF ADMIN OFFICER
Signature
/s/ Kristin A. Erickson on behalf of Carol E. McKnight
Stock symbol
TNC
Transactions as of
May 23, 2023
Transactions value $
-$190,733
Form type
4
Date filed
5/25/2023, 04:17 PM
Previous filing
Mar 2, 2023
Next filing
May 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNC Common Stock Options Exercise $227K +2.98K +13.54% $76.25 25K May 23, 2023 Direct
transaction TNC Common Stock Options Exercise $44.6K +850 +3.4% $52.42 25.9K May 23, 2023 Direct
transaction TNC Common Stock Sale -$297K -3.83K -14.82% $77.57 22K May 23, 2023 Direct F1
transaction TNC Common Stock Options Exercise $363K +6.93K +31.46% $52.42 29K May 24, 2023 Direct
transaction TNC Common Stock Sale -$413K -5.43K -18.75% $76.14 23.5K May 24, 2023 Direct F2
transaction TNC Common Stock Sale -$115K -1.5K -6.37% $76.83 22K May 24, 2023 Direct F3

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 -2.98K -100% $0.00* 0 May 23, 2023 Common Stock 2.98K $76.25 Direct F4
transaction TNC Stock Option (right to buy) Options Exercise $0 -850 -8.72% $0.00 8.9K May 23, 2023 Common Stock 850 $52.42 Direct F4
transaction TNC Stock Option (right to buy) Options Exercise $0 -6.93K -77.89% $0.00 1.97K May 24, 2023 Common Stock 0 $52.42 Direct F4
* 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 3,832 shares of common stock of Tennant Company sold by the reporting person in multiple transactions on May 23, 2023 with sale prices ranging from $77.41 to $78.29 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 Reflects the weighted average price of 5,430 shares of common stock of Tennant Company sold by the reporting person in multiple transactions on May 24, 2023 with sale prices ranging from $75.71 to $76.705 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.
F3 Reflects the weighted average price of 1,500 shares of common stock of Tennant Company sold by the reporting person in multiple transactions on May 24, 2023 with sale prices ranging from $76.71 to $77.19 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.
F4 Fully vested.