SEC Form 4 · accession 0000082166-18-000027
RAVEN INDUSTRIES INC · RAVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lee A Magnuson
Officer — General Counsel and VP
Period of report
Apr 5, 2018
Accepted (ET)
Apr 9, 2018 · 1:49 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 | — | — | — | 28 | D | ||
| Common Stock | holding | — | — | — | 28 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $35.05 | Apr 5, 2018 | A | 2,030 | A | Apr 5, 2019 | Apr 5, 2023 | Common Stock | 2,030 | 2,030 | D |
| Restricted Stock Unit - 2018F1,F4 | — | Apr 5, 2018 | A | 1,140 | A | — | — | Common Stock | 1,140 | 1,140 | D |
| Restricted Stock Unit - 2017F1,F2 | — | holding | — | — | — | — | — | Common Stock | 896 | 896 | D |
Explanation of responses
- F1Each Time-based Restricted Stock Unit is the economic equivalent of one share of RAVN Common Stock.
- F2The Time-based Restricted Stock Units shall become fully vested on the third anniversary of the effective date 7/5/17, provided that the Employee remains continuously employed by the Company through the Vesting Date.
- 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 4/5/18, provided that the Employee remains continuously employed by the Company through the Vesting Date.