Sec Form 4 Filing - Freesemann Nicole M @ RAVEN INDUSTRIES INC - 2021-04-05

Insider filing report for Changes in Beneficial Ownership
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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
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1. Name and Address of Reporting Person
Freesemann Nicole M
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)
Vice President HR
(Last) (First) (Middle)
P.O. BOX 5107
3. Date of Earliest Transaction (MM/DD/YY)
04/05/2021
(Street)
SIOUX FALLS, SD57117-5107
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 04/05/2021 A 224 ( 1 ) A $ 0 2,839 D
Common Stock 04/05/2021 F 53 ( 2 ) D $ 0 2,786 D
Common Stock 04/05/2021 A 341 ( 3 ) A $ 0 3,127 D
Common Stock 04/05/2021 F 80 ( 2 ) D $ 0 3,047 D
Common Stock 04/05/2021 A 446 ( 4 ) A $ 0 1,294 I By Spouse
Common Stock 04/05/2021 F 133 ( 2 ) D $ 0 1,161 I By Spouse
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 (M M/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
Restricted Stock Unit - 2018 ( 5 ) 04/05/2021 A 224 ( 6 ) ( 6 ) Common Stock 224 $ 0 0 D
Restricted Stock Unit - 2019 ( 5 ) ( 7 ) ( 7 ) Common Stock 1,615 1,615 D
Restricted Stock Unit - 2020 ( 5 ) ( 8 ) ( 8 ) Common Stock 3,421 3,421 D
Restricted Stock Unit - 2021 ( 5 ) 04/05/2021 A 1,949 ( 9 ) ( 9 ) Common Stock 1,949 $ 0 1,949 D
Restricted Stock Unit - 2018 ( 5 ) 04/05/2021 A 446 ( 6 ) ( 6 ) Common Stock 446 $ 0 0 I By Spouse
Restricted Stock Unit - 2019 ( 5 ) ( 7 ) ( 7 ) Common Stock 256 256 I By Spouse
Restricted Stock Unit - 2020 ( 5 ) ( 8 ) ( 8 ) Common Stock 507 507 I By Spouse
Restricted Stock Unit - 2021 ( 5 ) 04/05/2021 A 390 ( 9 ) ( 9 ) Common Stock 390 $ 0 390 I By Spouse
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Freesemann Nicole M
P.O. BOX 5107
SIOUX FALLS, SD57117-5107
Vice President HR
Signatures
/s/ Nicole M. Freesemann 04/07/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Grant of Time-Based Restricted Stock Units which vested on April 5, 2021 and includes 10 dividend equivalent shares earned on those shares.
( 2 )Shares forfeited to satisfy tax withholding requirements.
( 3 )Grant of 341 Performance-based shares which vested on April 5, 2021 and includes 20 dividend equivalent shares earned on those shares.
( 4 )Grant of Time-Based Restricted Stock Units which vested on April 5, 2021 and includes 18 dividend equivalent shares earned on those shares.
( 5 )Each Time-based Restricted Stock Unit is the economic equivalent of one share of RAVN Common Stock.
( 6 )The Time-based Restricted Stock Units shall become vested on the third anniversary of the effective date April 5, 2018, provided that the Employee remains continuously employed by the Company through the Vesting Date.
( 7 )The Time-based Restricted Stock Units shall become vested on the third anniversary of the effective date April 5, 2019, provided that the Employee remains continuously employed by the Company through the Vesting Date.
( 8 )The Time-based Restricted Stock Units shall become vested on the third anniversary of the effective date April 6, 2020, provided that the Employee remains continuously employed by the Company through the Vesting Date.
( 9 )The Time-based Restricted Stock Units shall become vested on the third anniversary of the effective date April 5, 2021, provided that the Employee remains continuously employed by the Company through the Vesting Date.

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