Carol E. McKnight - May 25, 2023 Form 4 Insider Report for TENNANT CO (TNC)

Role
FORMER, SVP, CHIEF ADMIN OFFR
Signature
/s/ Kristin A. Erickson on behalf of Carol E. McKnight
Stock symbol
TNC
Transactions as of
May 25, 2023
Transactions value $
-$145,858
Form type
4
Date filed
5/30/2023, 07:57 PM
Previous filing
May 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNC Common Stock Options Exercise $103K +1.97K +9.04% $52.42 23.7K May 25, 2023 Direct F1
transaction TNC Common Stock Options Exercise $181K +2.48K +10.44% $73.20 26.2K May 25, 2023 Direct
transaction TNC Common Stock Sale -$337K -4.45K -16.96% $75.74 21.8K May 25, 2023 Direct F2
transaction TNC Common Stock Options Exercise $408K +5.57K +25.59% $73.20 27.3K May 26, 2023 Direct
transaction TNC Common Stock Options Exercise $618K +9.13K +33.4% $67.70 36.5K May 26, 2023 Direct
transaction TNC Common Stock Options Exercise $87.3K +1.3K +3.58% $66.97 37.8K May 26, 2023 Direct
transaction TNC Common Stock Sale -$1.21M -16K -42.37% $75.41 21.8K May 26, 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 -1.97K -100% $0.00* 0 May 25, 2023 Common Stock 1.97K $52.42 Direct F4
transaction TNC Stock Option (right to buy) Options Exercise $0 -2.48K -30.8% $0.00 5.57K May 25, 2023 Common Stock 2.48K $73.20 Direct F4
transaction TNC Stock Option (right to buy) Options Exercise $0 -5.57K -100% $0.00* 0 May 26, 2023 Common Stock 5.57K $73.20 Direct F4
transaction TNC Stock Option (right to buy) Options Exercise $0 -9.13K -100% $0.00* 0 May 26, 2023 Common Stock 9.13K $67.70 Direct F4
transaction TNC Stock Option (right to buy) Options Exercise $0 -1.3K -21.7% $0.00 4.71K May 26, 2023 Common Stock 1.3K $66.97 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Carol E. McKnight is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Balance reflects a reduction of 271 shares due to prior incorrect reporting of the shares acquired by the reporting person on February 28, 2023.
F2 Reflects the weighted average price of 4,445 shares of common stock of Tennant Company sold by the reporting person in multiple transactions on May 25, 2023 with sale prices ranging from $75.38 to $76.10 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 15,999 shares of common stock of Tennant Company sold by the reporting person in multiple transactions on May 26, 2023 with sale prices ranging from $75.12 to $76.00 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.