SEC Form 4 · accession 0000082166-17-000043
RAVEN INDUSTRIES INC · RAVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven E Brazones
Officer — VP & CFO, Treasurer
Period of report
Apr 5, 2017
Accepted (ET)
Apr 6, 2017 · 6:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000082166
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $29.20 | Apr 5, 2017 | A | 12,300 | A | Apr 5, 2018 | Apr 5, 2022 | Common Stock | 12,300 | 12,300 | D |
| Restricted Stock Unit - 2017F1,F5 | — | Apr 5, 2017 | A | 5,140 | A | — | — | Common Stock | 5,140 | 5,140 | D |
| Restricted Stock Unit - 2014F1,F2 | — | holding | — | — | — | — | — | Common Stock | 4,350 | 4,350 | D |
| Stock OptionF3 | $20.10 | holding | — | — | — | Mar 17, 2016 | Mar 17, 2020 | Common Stock | 26,200 | 26,200 | D |
| Stock OptionF3 | $15.61 | holding | — | — | — | Apr 5, 2017 | Apr 5, 2021 | Common Stock | 32,800 | 32,800 | D |
| Restricted Stock Unit - 2016F1,F4 | — | holding | — | — | — | — | — | Common Stock | 4,570 | 4,570 | D |
Explanation of responses
- F1Each time-based restricted stock unit represents a contingent right to receive one share of RAVN common stock.
- F2The Time-Based Restricted Stock Units shall become fully vested on the third anniversary of the effective date 12/1/14.
- F3Pursuant to Rule 16b-3(d). Right to buy. All options vest at the rate of 25% annually beginning on the date listed in Exercisable, column 6.
- F4The Time-Based Restricted Stock Units shall become vested on the third anniversary of the effective date 4/5/16, provided that the Employee remains continuously employed by the Company through the Vesting Date.
- F5The Time-Based Restricted Stock Units shall become vested on the third anniversary of the effective date 4/5/17, provided that the Employee remains continuously employed by the Company through the Vesting Date.