TENNANT CO — Director's Dealing 2008

Mar 5, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TENNANT CO (TNC)
CIK: 0000097134
Period of Report: 2008-02-29

Reporting Person: Eckert Andrew J (VP, NA Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-02-29	Common Stock	A	333	$36.02	Acquired	3051	Direct
2008-02-29	Common Stock	A	1699	$36.02	Acquired	4750	Direct
2008-02-29	Common Stock	M	1274	$36.02	Acquired	6024	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-02-29	Deferred Stock Units - Short Term Incentive Plan	$36.02	M	1274	Disposed		Common Stock (1274)	Direct
2008-02-29	Deferred Stock Units - Short Term Incentive Plan	$36.02	A	1569	Acquired		Common Stock (1569)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1309.537	Indirect

Footnotes

F1: 2008 Restricted Stock grant vesting on December 31, 2009.

F2: 2008 unrestricted stock grant pursuant to the 2005 Long-Term Incentive Plan.

F3: This is a payout of Short Term Incentive Plan Annual Bonus Deferred Stock Units granted 2/17/2004, and governed under the 1999 Stock Incentive Plan. Units were granted at a rate of $1.20 for each dollar of bonus earned. The units themselves vested at the time of the grant; the 20% premium vested three years after the grant in 2007. The payout was settled with 1274 units converted to common stock and 1274 units settled in cash. All amounts reflect the July 2006 stock split.

F4: These are Short Term Incentive Plan Annual Bonus Deferred Stock Units granted 2/28/2008, and governed under the 2007 Stock Incentive Plan. Units are granted at a rate of $1.20 for each dollar of bonus earned. The units are to be settled in 100% Tennant Common Stock. The units themselves vest at the time of the grant; the 20% premium vests three years after the grant. Dividends are converted into additional Deferred Stock Units and also vest three years after the grant.