Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: On October 31, 2016, the Board of Directors authorized the repurchase of an additional 1,000,000 shares of our common stock.
−Removed: This is in addition to the 390,396 shares remaining under our prior repurchase program.
−Removed: Share repurchases are made from time to time in the open market or through privately negotiated transactions, primarily to offset the dilutive effect of shares issued through our share-based compensation programs.
−Removed: As of June 30, 2021, our 2021 Credit Agreement restricts the payment of dividends or repurchasing of stock requiring that, after giving effect to such payments, no default exists or would result from such payment.
−Removed: Additionally, cash dividends are restricted to $7.5 million per quarter and approved levels of other restricted payments range from $60.0 million to unlimited based on our net leverage ratio (not taking into account any acquisition holiday) after giving effect to such payment.
+Added: Share repurchases are made from time to time in the open market or through privately negotiated transactions.
+Added: During the three months ended September 30, 2021, the Company paid $7.5 million to repurchase 102,229 shares of its common stock.
+Added: The most recent share repurchase program approved by the Board of Directors on October 31, 2016 authorized the repurchase of 1,000,000 shares of our common stock, in addition to the 288,167 shares that remain authorized under the prior program that was authorized by the Board of Directors on June 22, 2015.
For the Quarter Ended
3 unchanged sentences
Maximum Number of Shares that May Yet Be Purchased Under the Plans or
−Removed: June 30, 2021
+Added: September 30, 2021
Purchased (1)
−Removed: April 1–30, 2021
−Removed: May 1–31, 2021
−Removed: June 1–30, 2021
+Added: July 1–31, 2021
+Added: August 1–31, 2021
+Added: September 1–30, 2021
Includes 18 shares delivered or attested to in satisfaction of the exercise price and/or tax withholding obligations by employees who exercised stock options or restricted stock under employee share-based compensation plans.
6 unchanged sentences
Incorporated by reference to Exhibit 3iii to the Company's report on Form 10-Q for the quarterly period ended March 31, 2018.
−Removed: Indenture dated as of April 18, 2017
−Removed: Incorporated by reference to Exhibit 4.1 to the Company's Current Report on Form 8-K filed April 24, 2017.
−Removed: Credit Agreement, dated as of April 5, 2021
−Removed: Incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed on April 7, 2021.
−Removed: Offer Letter with Fay West commencing April 15, 2021
−Removed: Filed herewith electronically.
Rule 13a-14(a)/15d-14(a) Certification of CEO
6 unchanged sentences
Filed herewith electronically.
−Removed: The following financial information from Tennant Company's Quarterly Report on Form 10-Q for the period ended June 30, 2021, formatted in Inline eXtensible Business Reporting Language (iXBRL):
−Removed: (i) Consolidated Statements of Income for the three and six months ended June 30, 2021 and 2020;
−Removed: (ii) Consolidated Statements of Comprehensive Income for the three and six months ended June 30, 2021 and 2020;
−Removed: (iii) Consolidated Balance Sheets as of June 30, 2021 and December 31, 2020;
−Removed: (iv) Consolidated Statements of Cash Flows for the six months ended June 30, 2021 and 2020;
−Removed: (v) Consolidated Statements of Equity for the six months ended June 30, 2021 and 2020;
+Added: The following financial information from Tennant Company's Quarterly Report on Form 10-Q for the period ended September 30, 2021, formatted in Inline eXtensible Business Reporting Language (iXBRL):
+Added: (i) Consolidated Statements of Income for the three and nine months ended September 30, 2021 and 2020;
+Added: (ii) Consolidated Statements of Comprehensive Income for the three and nine months ended September 30, 2021 and 2020;
+Added: (iii) Consolidated Balance Sheets as of September 30, 2021 and December 31, 2020;
+Added: (iv) Consolidated Statements of Cash Flows for the nine months ended September 30, 2021 and 2020;
+Added: (v) Consolidated Statements of Equity for the nine months ended September 30, 2021 and 2020;
and (vi) Notes to the Consolidated Financial Statements.
5 unchanged sentences
TENNANT COMPANY
−Removed: August 3, 2021
+Added: November 2, 2021
            
2 unchanged sentences
President and Chief Executive Officer
−Removed: August 3, 2021
+Added: November 2, 2021
Senior Vice President and Chief Financial Officer (Principal Financial and Accounting Officer)
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.