TENNANT CO — Director's Dealing 2017

Apr 12, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TENNANT CO (TNC)
CIK: 0000097134
Period of Report: 2017-04-10

Reporting Person: PAULSON THOMAS (SVP, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-10	Common Stock	M	7500	$10.08	Acquired	38229	Direct
2017-04-10	Common Stock	S	7500	$71.7123	Disposed	30729	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-04-10	Common Stock (right to buy)	$10.08	M	7500	Disposed	2019-02-27	Common Stock (7500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1886.016	Indirect

Footnotes

F1: The stock option exercise and sale reported in this Form 4 was 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 7,500 shares of Common Stock of Tennant Company sold by the reporting person in multiple transactions on April 10, 2017 with sale prices ranging from $71.15 to $72.00. 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.