David W. Huml - Aug 14, 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
Stock symbol
TNC
Transactions as of
Aug 14, 2023
Transactions value $
-$87,366
Form type
4
Date filed
8/16/2023, 04:37 PM
Previous filing
May 15, 2023
Next filing
Nov 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNC Common Stock Options Exercise $201K +2.75K +6.78% $73.20 43.3K Aug 14, 2023 Direct F1
transaction TNC Common Stock Options Exercise $97.1K +1.85K +4.28% $52.42 45.1K Aug 14, 2023 Direct F1
transaction TNC Common Stock Sale -$386K -4.6K -10.19% $83.83 40.5K Aug 14, 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 -2.75K -35.16% $0.00 5.07K Aug 14, 2023 Common Stock 2.75K $73.20 Direct F1, F3
transaction TNC Stock Option (right to buy) Options Exercise $0 -1.85K -50.01% $0.00 1.85K Aug 14, 2023 Common Stock 1.85K $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.