TENNANT CO — Director's Dealing 2009

Mar 3, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TENNANT CO (TNC)
CIK: 0000097134
Period of Report: 2009-02-27

Reporting Person: PAULSON THOMAS (Vice President, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-02-27	Common Stock	A	3384	$10.08	Acquired	7093	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-02-27	Stock Option (option to buy)	$10.08	A	48592	Acquired	2019-02-27	Common Stock (48592)	Direct
2009-02-27	Restricted Stock Units (cash settled)	$	A	4512	Acquired	2012-02-27	Common Stock (4512)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	734.7592	Indirect

Footnotes

F1: Restricted stock grant made pursuant to 2009 Long-Term Incentive Plan vesting on February 27, 2012.

F2: The number of shares following the reported transaction also reflects a one share adjustment. Due to rounding the number of shares, the reporting person's prior Form 4 understated the shares forfeited by one share.

F3: Options exercisable in one-third increments on each of February 27, 2010, February 27, 2011 and February 27, 2012.

F4: Restricted stock unit grant made pursuant to the 2009 Long-Term Incentive Plan vesting on February 27, 2012. Each restricted stock unit is the economic equivalent of one share of Tennant Common stock and will be payable in case at fair market value at time of conversion.