Marc E. LeBaron - 30 Nov 2021 Form 4 Insider Report for RAVEN INDUSTRIES INC (RAVN)

Role
Director
Signature
/s/ Marc E. Lebaron
Issuer symbol
RAVN
Transactions as of
30 Nov 2021
Transactions value $
$0
Form type
4
Filing time
01 Dec 2021, 18:28:22 UTC
Previous filing
26 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RAVN Common Stock Disposed to Issuer -11.2K -100% 0 30 Nov 2021 Direct F1
transaction RAVN Common Stock Disposed to Issuer -19.7K -100% 0 30 Nov 2021 By spouse F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RAVN Deferred Stock Units Disposed to Issuer -34.9K -100% 0 30 Nov 2021 Common Stock 34.9K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Disposed of as a result of the merger pursuant to the previously announced Agreement and Plan of Merger (the "Merger"), dated as of June 20, 2021, by and among Raven Industries, Inc. ("Raven"), CNH Industrial N.V. and CNH Industrial South Dakota, Inc., as it may be amended from time to time (the "Merger Agreement"). The shares of Common Stock of Raven were converted in the Merger into the right to receive $58.00 in cash per share of Common Stock (the "Merger Consideration").
F2 Each Deferred Stock Unit is the economic equivalent of one share of Raven Common Stock.