TENNANT CO — Director's Dealing 2015

Dec 22, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TENNANT CO (TNC)
CIK: 0000097134
Period of Report: 2015-12-21

Reporting Person: PAULSON THOMAS (SVP, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-21	Common Stock	M	10000	$24.995	Acquired	33732	Direct
2015-12-21	Common Stock	M	5000	$43.66	Acquired	38732	Direct
2015-12-21	Common Stock	S	15000	$55.9858	Disposed	23732	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-12-21	Stock Option (right to buy)	$24.995	M	10000	Disposed	2016-03-23	Common Stock (10000)	Direct
2015-12-21	Stock Option (right to buy)	$43.66	M	5000	Disposed	2022-02-24	Common Stock (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1845	Indirect

Footnotes

F1: The stock option exercises and sale reported in this From 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2015.

F2: Reflects the weighted average price of 15,000 shares of Common Stock of Tennant Company sold by the reporting person in multiple transactions on December 21, 2015 with sale prices ranging from $55.105 to $57.025. 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.