4//SEC Filing
Brazones Steven E 4
Accession 0000950103-21-019024
CIK 0000082166other
Filed
Nov 30, 7:00 PM ET
Accepted
Dec 1, 7:34 PM ET
Size
25.4 KB
Accession
0000950103-21-019024
Insider Transaction Report
Form 4
Brazones Steven E
VP & CFO, Treasurer
Transactions
- Disposition to Issuer
Common Stock
2021-11-30−46,453→ 0 total - Disposition to Issuer
Restricted Stock Units - 2019
2021-11-30−11,844→ 0 total→ Common Stock (11,844 underlying) - Disposition to Issuer
Stock Option
2021-11-30−3,075→ 0 totalExercise: $29.20From: 2018-04-05Exp: 2022-04-05→ Common Stock (3,075 underlying) - Disposition to Issuer
Restricted Stock Units - 2020
2021-11-30−13,399→ 0 total→ Common Stock (13,399 underlying) - Disposition to Issuer
Stock Option
2021-11-30−3,940→ 0 totalExercise: $35.05From: 2019-04-05Exp: 2023-04-05→ Common Stock (3,940 underlying) - Disposition to Issuer
Restricted Stock Units - 2019
2021-11-30−5,922→ 0 total→ Common Stock (5,922 underlying) - Disposition to Issuer
Restricted Stock Units - 2021
2021-11-30−23,908→ 0 total→ Common Stock (23,908 underlying) - Disposition to Issuer
Restricted Stock Units - 2021
2021-11-30−11,954→ 0 total→ Common Stock (11,954 underlying) - Disposition to Issuer
Restricted Stock Units - 2020
2021-11-30−21,814→ 0 total→ Common Stock (21,814 underlying)
Footnotes (14)
- [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 Raven Common Stock were converted in the Merger into the right to receive $58.00 in cash per share of Common Stock.
- [F10]The Time-based Restricted Stock Units become vested on the third anniversary of the effective date (April 6, 2020), provided that the Reporting Person remains continuously employed by Raven through such vesting date.
- [F11]The Time-based Restricted Stock Units become vested on the third anniversary of the effective date (April 5, 2021), provided that the Reporting Person remains continuously employed by Raven through such vesting date.
- [F12]Subject to the achievement of certain performance conditions, Performance-based Restricted Stock Units become vested on the third anniversary of the effective date (April 5, 2019), provided that the Reporting Person remains continuously employed by Raven through such vesting date.
- [F13]Subject to the achievement of certain performance conditions, Performance-based Restricted Stock Units become vested on the third anniversary of the effective date (April 6, 2020), provided that the Reporting Person remains continuously employed by Raven through such vesting date.
- [F14]Subject to the achievement of certain performance conditions, Performance-based Restricted Stock Units become vested on the third anniversary of the effective date (April 5, 2021), provided that the Reporting Person remains continuously employed by Raven through such vesting date.
- [F2]Each Time-Based Restricted Stock Unit is the economic equivalent of one share of Raven Common Stock.
- [F3]Each Performance-Based Restricted Stock Unit is the economic equivalent of one share of Raven Common Stock.
- [F4]Includes 154 dividend equivalent units.
- [F5]Includes 159 dividend equivalent units.
- [F6]The target number of shares of Raven Common Stock was 5,768. Includes 154 dividend equivalent units.
- [F7]The target number of shares of Raven Common Stock was 13,240. Includes 159 dividend equivalent units.
- [F8]The target number of shares of Raven Common Stock was 11,954.
- [F9]The Time-based Restricted Stock Units become vested on the third anniversary of the effective date (April 5, 2019), provided that the Reporting Person remains continuously employed by Raven through such vesting date.
Documents
Issuer
RAVEN INDUSTRIES INC
CIK 0000082166
Entity typeother
Related Parties
1- filerCIK 0001625761
Filing Metadata
- Form type
- 4
- Filed
- Nov 30, 7:00 PM ET
- Accepted
- Dec 1, 7:34 PM ET
- Size
- 25.4 KB