Sec Form 4 Filing - Johnson Schmidt Anthony D @ RAVEN INDUSTRIES INC - 2020-01-14

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Johnson Schmidt Anthony D
2. Issuer Name and Ticker or Trading Symbol
RAVEN INDUSTRIES INC [ RAVN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Division VP and GM
(Last) (First) (Middle)
PO BOX 5107
3. Date of Earliest Transaction (MM/DD/YY)
01/14/2020
(Street)
SIOUX FALLS, SD57117
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/14/2020 M 6,550 A $ 20.1 56,196 D
Common Stock 01/14/2020 F 4,918 D $ 34.89 51,278 D
Common Stock 01/14/2020 M 7,475 A $ 15.61 58,753 D
Common Stock 01/14/2020 F 5,190 D $ 34.89 53,563 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option ( 1 ) $ 20.1 01/14/2020 M 6,550 03/17/2016 03/17/2020 Common Stock 6,550 $ 20.1 0 D
Stock Option ( 1 ) $ 15.61 01/14/2020 M 7,475 04/05/2017 04/05/2021 Common Stock 7,475 $ 15.61 7,475 D
Stock Option ( 1 ) $ 29.2 04/05/2018 04/05/2022 Common Stock 9,800 9,800 D
Stock Option ( 1 ) $ 35.05 04/05/2019 04/05/2023 Common Stock 6,360 6,360 D
Restricted Stock Unit - 2017 ( 2 ) ( 3 ) ( 3 ) Common Stock 4,110 4,110 D
Restricted Stock Unit - 2018 ( 2 ) ( 4 ) ( 4 ) Common Stock 3,567 3,567 D
Restricted Stock Unit - 2019 ( 2 ) ( 5 ) ( 5 ) Common Stock 3,365 3,365 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Johnson Schmidt Anthony D
PO BOX 5107
SIOUX FALLS, SD57117
Division VP and GM
Signatures
/s/ Anthony D. Johnson Schmidt 01/16/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Pursuant 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.
( 2 )Each Restricted Stock Unit is the economic equivalent of one share of RAVN Common Stock.
( 3 )The 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.
( 4 )The 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.
( 5 )The Time-based Restricted Stock Units shall become vested on the third anniversary of the effective date 4/5/19, provided that the Employee remains continuously employed by the Company through the Vesting Date.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.