TENNANT CO — Director's Dealing 2018

Aug 13, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TENNANT CO (TNC)
CIK: 0000097134
Period of Report: 2018-08-09

Reporting Person: PAULSON THOMAS (SVP, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-09	Common Stock	M	15000	$10.08	Acquired	40007	Direct
2018-08-09	Common Stock	S	14700	$78.293	Disposed	25307	Direct
2018-08-09	Common Stock	S	300	$78.8667	Disposed	25007	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-09	Stock Option (right to buy)	$10.08	M	15000	Disposed	2019-02-27	Common Stock (15000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1908.66	Indirect

Footnotes

F1: Reflects the weighted average price of 14,700 shares of common stock of Tennant Company sold by the reporting person in multiple transactions on August 9, 2018 with sale prices ranging from $77.65 to $78.60 per share. 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.

F2: Reflects the weighted average price of 300 shares of common stock of Tennant Company sold by the reporting person in multiple transactions on August 9, 2018 with sale prices ranging from $78.65 to $79.20 per share. 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.

F3: Fully vested.