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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Deferred Stock Units - Short Term Incentive Plan | (1) | 02/23/2010 | M | 2,437 | (1) | (1) | Common stock | 2,437 | (1) | 0 | D | ||||
Deferred Stock Units - Short Term Incentive Plan | (2) | 02/26/2010 | A | 3,526 | (2) | (2) | Common Stock | 3,526 | $ 0 | 3,526 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Eckert Andrew J TENNANT COMPANY, LEGAL DEPT., MD 16 701 N. LILAC DR. MINNEAPOLIS, MN 55422 |
Vice President, The Americas |
/s/Timothy Phillips, as Attorney-in-Fact | 03/12/2010 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Reflects payout of Short-Term Incentive Plan Deferred Stock Units granted February 23, 2007 and governed by the 1999 Stock Incentive Plan. Units were granted at a rate of $1.20 for each dollar of bonus earned. The units vested at the time of grant; the 20% premium vested February 23, 2007. The payout was settled with 1,218 shares issued to the reporting person and 1,219 shares withheld for taxes. |
(2) | Short Term Incentive Plan Annual Bonus Deferred Stock Units granted on February 26, 2010 and governed by the 1999 Stock Incentive Plan. Units are granted at a rate of $1.20 for each dollar of bonus earned. The units are to be settled in Tennant Common Stock at a rate of 1 to 1. The units vested at the time of the grant; the 20% premium will vest three years from the date of grant. Dividends are converted into additional Deferred Stock Units and also vest three years from the date of grant. |