SEC Form 4 · accession 0000082166-18-000090
RAVEN INDUSTRIES INC · RAVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian E Meyer
Officer — Division Vice President & GM
Period of report
Aug 27, 2018
Accepted (ET)
Aug 28, 2018 · 3:17 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 | Aug 27, 2018 | M | 14,950 | $15.61 | A | 39,590 | D | |
| Common Stock | Aug 27, 2018 | F | 8,387 | $48.65 | D | 31,203 | D | |
| Common Stock | Aug 27, 2018 | M | 3,525 | $19.94 | A | 34,728 | D | |
| Common Stock | Aug 27, 2018 | F | 2,181 | $48.65 | D | 32,547 | D | |
| Common Stock | Aug 27, 2018 | M | 6,300 | $20.10 | A | 38,847 | D | |
| Common Stock | Aug 27, 2018 | F | 3,910 | $48.65 | D | 34,937 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $20.10 | Aug 27, 2018 | M | 6,300 | D | Mar 17, 2016 | Mar 17, 2020 | Common Stock | 6,300 | 4,200 | D |
| Stock OptionF1 | $19.94 | Aug 27, 2018 | M | 3,525 | D | May 1, 2016 | May 1, 2020 | Common Stock | 3,525 | 2,350 | D |
| Stock OptionF1 | $15.61 | Aug 27, 2018 | M | 14,950 | D | Apr 5, 2017 | Apr 5, 2021 | Common Stock | 14,950 | 14,950 | D |
| Stock OptionF1 | $29.20 | holding | — | — | — | Apr 5, 2018 | Apr 5, 2022 | Common Stock | 9,800 | 9,800 | D |
| Stock OptionF1 | $35.05 | holding | — | — | — | Apr 5, 2019 | Apr 5, 2023 | Common Stock | 6,360 | 6,360 | D |
| Restricted Stock Unit - 2016F2,F3 | — | holding | — | — | — | — | — | Common Stock | 4,170 | 4,170 | D |
| Restricted Stock Unit - 2017F2,F4 | — | holding | — | — | — | — | — | Common Stock | 4,110 | 4,110 | D |
| Restricted Stock Unit - 2018F2,F5 | — | holding | — | — | — | — | — | Common Stock | 3,567 | 3,567 | D |
Explanation of responses
- F1Pursuant 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.
- F2Each Time-based Restricted Stock Unit is the economic equivalent of one share of RAVN Common Stock.
- F3The 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.
- F4The 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.
- F5The 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.