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TENNANT CO Director's Dealing 2007

Mar 6, 2007

31915_dirs_2007-03-05_31e276f6-96ee-4ae7-8e0c-0f486c492488.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TENNANT CO (TNC)
CIK: 0000097134
Period of Report: 2007-03-01

Reporting Person: RUSSELL EDWIN L (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-03-01 Common Stock M 4000 $14.00 Acquired 19686 Direct
2007-03-01 Common Stock S 4000 $30.47 Disposed 15686 Direct
2007-03-01 Common Stock M 4000 $21.50 Acquired 19686 Direct
2007-03-01 Common Stock S 4000 $30.42 Disposed 15686 Direct
2007-03-01 Common Stock M 4000 $17.50 Acquired 19686 Direct
2007-03-01 Common Stock S 4000 $30.15 Disposed 15686 Direct
2007-03-01 Common Stock M 4000 $17.375 Acquired 19686 Direct
2007-03-01 Common Stock S 4000 $30.05 Disposed 15686 Direct
2007-03-01 Common Stock M 4000 $22.55 Acquired 19686 Direct
2007-03-01 Common Stock S 4000 $30.06 Disposed 15686 Direct
2007-03-01 Common Stock M 4000 $22.00 Acquired 19686 Direct
2007-03-01 Common Stock S 4000 $30.03 Disposed 15686 Direct
2007-03-01 Common Stock M 4000 $16.30 Acquired 19686 Direct
2007-03-01 Common Stock S 4000 $29.86 Disposed 15686 Direct
2007-03-01 Common Stock M 666 $17.925 Acquired 16352 Direct
2007-03-01 Common Stock S 666 $29.99 Disposed 15686 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-03-01 Stock Option (right to buy) $14.00 M 4000 Disposed 2007-05-02 Common Stock (4000) Direct
2007-03-01 Stock Option (right to buy) $21.50 M 4000 Disposed 2008-05-11 Common Stock (4000) Direct
2007-03-01 Stock Option (right to buy) $17.50 M 4000 Disposed 2009-05-10 Common Stock (4000) Direct
2007-03-01 Stock Option (right to buy) $17.375 M 4000 Disposed 2010-05-05 Common Stock (4000) Direct
2007-03-01 Stock Option (right to buy) $22.55 M 4000 Disposed 2011-05-04 Common Stock (4000) Direct
2007-03-01 Stock Option (right to buy) $22.00 M 4000 Disposed 2012-05-03 Common Stock (4000) Direct
2007-03-01 Stock Option (right to buy) $16.30 M 4000 Disposed 2013-05-01 Common Stock (4000) Direct
2007-03-01 Stock Option (right to buy) $17.925 M 666 Disposed 2015-05-09 Common Stock (666) Direct

Footnotes

F1: Stock Option from the 1997 Non-Employee Director Stock Option Plan, granted 5/2/97; vesting 33 and 1/3 percent on each of 5/2/98, 5/2/99 and 5/2/00 and expiring on 5/2/2007.

F2: Stock Option from the 1997 Non-Employee Director Stock Option Plan, granted 5/11/98; vesting 33 and 1/3 percent on each of 5/11/99, 5/11/00 and 5/11/01 and expiring on 5/11/2008.

F3: Stock Option from the 1997 Non-Employee Director Stock Option Plan, granted 5/10/99; vesting 33 and 1/3 percent on each of 5/10/00, 5/10/01 and 5/10/02 and expiring on 5/10/2009.

F4: Stock Option from the 1997 Non-Employee Director Stock Option Plan, granted 5/5/00; vesting 33 and 1/3 percent on each of 5/5/01, 5/5/02 and 5/5/03 and expiring on 5/5/2010.

F5: Stock Option from the 1997 Non-Employee Director Stock Option Plan, granted 5/4/01; vesting 33 and 1/3 percent on each of 5/4/02, 5/4/03 and 5/4/04 and expiring on 5/4/2011.

F6: Stock Option from the 1997 Non-Employee Director Stock Option Plan, granted 5/3/02; vesting 33 and 1/3 percent on each of 5/3/03, 5/3/04 and 5/3/05 and expiring on 5/3/2012.

F7: Stock Option from the 1997 Non-Employee Director Stock Option Plan, granted 5/1/03; vesting 33 and 1/3 percent on each of 5/1/04, 5/1/05 and 5/1/06 and expiring on 5/1/2013.

F8: Stock Option from the 1997 Non-Employee Director Stock Option Plan, granted 5/9/05; vesting 33 and 1/3 percent on each of 5/9/06, 5/9/07 and 5/9/08 and expiring on 5/9/2015.