David W. Huml - 14 Aug 2023 Form 4 Insider Report for TENNANT CO (TNC)

Role
PRESIDENT AND CEO, Director
Signature
/s/ Kristin A. Erickson on behalf of David W. Huml
Issuer symbol
TNC
Transactions as of
14 Aug 2023
Net transactions value
-$87,366
Form type
4
Filing time
16 Aug 2023, 16:37:37 UTC
Previous filing
15 May 2023
Next filing
01 Nov 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 $201,080 +2,747 +6.8% $73.20 43,278 14 Aug 2023 Direct F1
transaction TNC Common Stock Options Exercise $97,082 +1,852 +4.3% $52.42 45,130 14 Aug 2023 Direct F1
transaction TNC Common Stock Sale $385,529 -4,599 -10% $83.83 40,531 14 Aug 2023 Direct F1, F2

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 -2,747 -35% $0.000000 5,065 14 Aug 2023 Common Stock 2,747 $73.20 Direct F1, F3
transaction TNC Stock Option (right to buy) Options Exercise $0 -1,852 -50% $0.000000 1,851 14 Aug 2023 Common Stock 1,852 $52.42 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock option exercised and shares sold to satisfy an obligation under a 2018 divorce decree.
F2 Reflects the weighted average price of 4,599 shares of common stock of Tennant Company sold by the reporting person in multiple transactions on August 14, 2023 with sale prices ranging from $83.56 to $84.47 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 Fully vested.