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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 14 )*
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Tennant Company
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(Name of Issuer)
Common
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(Title of Class of Securities)
880345-10-3
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(CUSIP Number)
Check the following box if a fee is being paid with this statement / /. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the Notes)
Page 1 of 6 pages
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CUSIP No. 880345-10-3 13G Page 2 of 6 pages
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1 NAME OF REPORTING PERSON S.S. or I.R.S.
IDENTIFICATION NO. OF ABOVE PERSON
First Bank System Inc.
601 2nd Ave. South
Minneapolis, MN 55402-4302
Tax I.D. No.: 41-0255900
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
Not Applicable
(a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, U.S.A.
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5 SOLE VOTING POWER
NUMBER OF 24,038
SHARES -----------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 585,707(1)
EACH -----------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 11,940
WITH -----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
593,030(1)
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
609,745(1)
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.42%
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12 TYPE OF REPORTING PERSON*
H.C
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SEE INSTRUCTION BEFORE FILLING OUT
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Page 3 of 6 pages
ITEM 1
a. NAME OF ISSUER:
Tennant Company
b. ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
Tennant Company
701 North Lilac Drive
P.O. Box 1452
Minneapolis, MN 55440
ITEM 2
a. NAME OF PERSON FILING:
First Bank System, Inc.
b. ADDRESS OF PERSON'S FILING PRINCIPAL EXECUTIVE OFFICES:
601 2nd Ave South
Minneapolis, MN 55402-4302
United States
c. TITLE OF CLASS OF SECURITIES:
COMMON
d. CUSIP NUMBER:
880345-10-3
ITEM 3
The person filing this statement is a:
(g) [x] Parent Holding Company
ITEM 4
OWNERSHIP:
a. Amount beneficially owned: 609,745(1)
b. Percentage of Class: 12.42%
c. Number of shares as to which such person has:
1. Sole power to vote or direct the vote: 24,038
2. Shared power to vote or direct vote: 585,707(1)
3. Sole power to dispose or direct the disposition: 11,940
4. Shared power to dispose or direct the disposition: 593,030(1)
ITEM 5
OWNERSHIP OF FIVE PERCENT OR LESS OF CLASS: ( )
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(1) This number includes 421,073 shares held in the "unallocated account, as of
December 31, 1993, of the Tennant Company, Employee Stock Ownership Plan and
Trust, which an affiliate of First Bank System, Inc. acts as trustee. The number
of "allocated " shares held in such trust (333,607 shares as of December 31,
1993) is not included in this number, based upon our interpretation of SEC staff
no-action letters.
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Page 4 of 6
ITEM 6
OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
Other persons have the right to receive or the power to direct the receipt
of, dividend from, or the proceeds from the sale of, such securities. To
our knowledge no interest of any such person relates to more than 5% of the
class.
ITEM 7
IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY PARENT HOLDING COMPANY
See Exhibit A
ITEM 8
IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
Not Applicable
ITEM 9
NOTICE OF DISSOLUTION OF GROUP:
Not Applicable
ITEM 10
CERTIFICATION
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purposes or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this Statement is true, complete and correct.
Dated: February 10, 1994
/s/Bruce L. Wilson
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Bruce L. Wilson
Vice President
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Page 5 of 6
SECURITIES AND EXCHANGE COMMISSION
Washington D. C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
EXHIBIT A
The Schedule to which this attachment is appended is filed on behalf of the
following subsidiary or subsidiaries listed below, which are classified as banks
for the purposes of 17 CFR 140.13d-1 (b) (ii) (B).
First Trust National Association First Bank National Association
180 East Fifth Street, Suite 200 601 2nd Ave South
St. Paul, Minnesota 55101 Minneapolis, Minnesota 55402-4302
Colorado National Bank
P.O. Box 5548
Denver, Colorado 80217
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Page 6 of 6
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
EXHIBIT B - DISCLAIMER
Information on the attached Schedule 13G is provided solely for the purpose of
complying with Section 13(d) and 13(g) of the Securities Exchange Act of 1934
and Regulations promulgated under authority thereof and is not intended as an
admission that First Bank System, Inc. or any of its subsidiaries, is a
beneficial owner of the securities described herein for any other purpose
(including without limitation for purposes of the Minnesota Control Share
Acquisition Act).
