Richard H. Zay - 27 Feb 2023 Form 4 Insider Report for TENNANT CO (TNC)

Signature
/s/ Kristin A. Erickson on behalf of Richard H. Zay
Issuer symbol
TNC
Transactions as of
27 Feb 2023
Net transactions value
-$940,878
Form type
4
Filing time
29 Feb 2024, 16:35:47 UTC
Previous filing
28 Feb 2023
Next filing
02 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNC Common Stock Options Exercise $514,999 +7,690 +69% $66.97 18,785 27 Feb 2024 Direct
transaction TNC Common Stock Options Exercise $369,718 +7,053 +38% $52.42 25,838 27 Feb 2024 Direct
transaction TNC Common Stock Sale $1,624,553 -14,743 -57% $110.19 11,095 27 Feb 2024 Direct F1
transaction TNC Common Stock Award $0 +3,739 +34% $0.000000 14,834 27 Feb 2024 Direct
transaction TNC Common Stock Award $0 +5,823 +39% $0.000000 20,657 27 Feb 2024 Direct
transaction TNC Common Stock Tax liability $201,042 -1,825 -8.8% $110.16 18,832 27 Feb 2024 Direct

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 -7,690 -100% $0.000000* 0 27 Feb 2024 Common Stock 7,690 $66.97 Direct F2
transaction TNC Stock Option (right to buy) Options Exercise $0 -7,053 -50% $0.000000 7,053 27 Feb 2024 Common Stock 7,053 $52.42 Direct F2
* 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 14,743 shares of common stock of Tennant Company sold by the reporting person in multiple transactions on February 27, 2024 with sale prices ranging from $110.00 to $110.485 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 Fully vested.