TENNANT CO — Director's Dealing 2018

Apr 10, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TENNANT CO (TNC)
CIK: 0000097134
Period of Report: 2018-04-06

Reporting Person: PAULSON THOMAS (Sr. Vice President and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-04-06	Common Stock	M	9296	$10.08	Acquired	35582	Direct
2018-04-06	Common Stock	S	9296	$69.0792	Disposed	26286	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-04-06	Stock Option (right to buy)	$10.08	M	9296	Disposed	2019-02-27	Common Stock (9296)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1899	Indirect

Footnotes

F1: The stock option exercise and sale transaction reported on this form are a program transaction pursuant to a Rule 10b5-1 plan, under the Securities Exchange Act of 1934, as amended, which was adopted by the reporting person on March 6, 2018.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.20 to $69.95, inclusive. The reporting person undertakes to provide to Tennant Company, any security holder of Tennant Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth.