TENNANT CO — Director's Dealing 2021

Feb 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TENNANT CO (TNC)
CIK: 0000097134
Period of Report: 2021-02-01

Reporting Person: KILLINGSTAD CHRIS (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-01	Common Stock	M	6593	$40.21	Acquired	152233	Direct
2021-02-01	Common Stock	S	6593	$67.93	Disposed	145640	Direct
2021-02-02	Common Stock	M	3297	$40.21	Acquired	148937	Direct
2021-02-02	Common Stock	S	3297	$70	Disposed	145640	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-01	Employee Stock Option (right to buy)	$40.21	M	6593	Disposed	2021-02-25	Common Stock (6593)	Direct
2021-02-02	Employee Stock Option (right to buy)	$40.21	M	3297	Disposed	2021-02-25	Common Stock (3297)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3799.25	Indirect

Footnotes

F1: The stock option exercise and sale transactions reported on this form are program transactions pursuant to a Rule 10b5-1 plan, which was adopted by the reporting person on November 3, 2020.

F2: Reflects the weighted average price of 6,593 shares of common stock of Tennant Company sold by the reporting person in multiple transactions on February 1, 2021 with sale prices ranging from $67.86 to $68.00 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.