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TENNANT CO — Director's Dealing 2014
Feb 26, 2014
31915_dirs_2014-02-26_d26eb8b2-56d4-4472-b0b7-176a95ff4f02.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: 2014-02-25
Reporting Person: Eckert Andrew J (SVP, The Americas)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-25 | Common Stock | M | 2973 | — | Acquired | 12687 | Direct |
| 2014-02-25 | Common Stock | F | 1477 | $64.00 | Disposed | 11210 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-25 | Deferred Stock Units - Short-Term Incentive Plan | $ | M | 2973 | Disposed | Common Stock (2973) | Direct |
Footnotes
F1: This is a payout of Deferred Stock Units granted February 25, 2011, and are governed by the 2010 Stock Incentive Plan. Units were granted at a rate of $1.20 for each dollar of bonus earned. The units are pertaining to the 2009 Short-Term Incentive Plan, converted on a one-for-one basis and are to be settled in 100% Tennant Common Stock. The units themselves (2,375) vested at the time of the grant, the 20% premium (475 units) vested on February 25, 2014, and dividends were converted into additional Deferred Stock Units (123).
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