Filing Details
- Accession Number:
- 0001179110-13-003545
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-02-26 17:05:25
- Reporting Period:
- 2013-02-22
- Filing Date:
- 2013-02-26
- Accepted Time:
- 2013-02-26 17:05:25
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 97134 | Tennant Co | TNC | Refrigeration & Service Industry Machinery (3580) | 410572550 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1345667 | J Andrew Eckert | Tennant Company, Legal Dept., Md 16 701 N. Lilac Dr. Minneapolis MN 55422 | Vice President, The Americas | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2013-02-22 | 1,445 | $0.00 | 9,222 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2013-02-25 | 2,207 | $10.08 | 11,429 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-02-25 | 2,207 | $47.34 | 9,222 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2013-02-26 | 507 | $45.73 | 8,715 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2013-02-26 | 4,457 | $0.00 | 13,172 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-02-26 | 1,458 | $45.73 | 11,714 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2013-02-26 | 8,900 | $10.08 | 20,614 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-02-26 | 8,900 | $45.89 | 11,714 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | Acquisiton | 2013-02-22 | 6,914 | $0.00 | 6,914 | $47.03 |
| Common Stock | Stock Option (right to buy) | Disposition | 2013-02-25 | 2,207 | $0.00 | 2,207 | $10.08 |
| Common Stock | Deferred Stock Units - Short-Term Incentive Plan | Disposition | 2013-02-26 | 4,457 | $24.21 | 4,457 | $0.00 |
| Common Stock | Stock Option (right to buy) | Disposition | 2013-02-26 | 8,900 | $0.00 | 8,900 | $10.08 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 6,914 | 2023-02-22 | No | 4 | A | Direct | |
| 8,900 | 2012-02-27 | 2019-02-27 | No | 4 | M | Direct |
| 0 | No | 4 | M | Direct | ||
| 0 | 2012-02-27 | 2019-02-27 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 2,678 | Indirect | ESOP & Profit Sharing |
Footnotes
- Restricted stock grant made pursuant to the 2013 Long-Term Incentive Plan vesting on February 22, 2016.
- Reflects the weighted average price of 2,207 shares of Common Stock of Tennant Company sold by the reporting person in multiple transaction on February 25, 2013 with sale prices ranging from $47.00 to $47.628. 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.
- This is a payout of Deferred Stock Units granted Febraury 26, 2010, and are governed under the 2007 Stock Incentive Plan. Units were granted at a rate of $1.20 for each dollar of bonus earned. The units are pertaining to the 2009 Short-Term Incentive Plan, converted on a one-for-one basis and are to be settled in 100% Tennant Common Stock. The units themselves (3,526) vested at the time of the grant; the 20% premium (705 units) vested on February 26, 2013; and dividends were converted into additional Deferred Stock Units (226).
- Reflects the weighted average price of 8,900 shares of Common Stock of Tennant Company sold by the reporting person in multiple transaction on February 26, 2013 with sale prices ranging from $45.6027 to $46.26. 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.
- Options exercisable in one-third increments on each of February 22, 2014, February 22, 2015 and February 22, 2016.
Billionaire Hedge Funds
