Home/Filings/4/0000950103-21-019025
4//SEC Filing

Magnuson Lee A 4

Accession 0000950103-21-019025

CIK 0000082166other

Filed

Nov 30, 7:00 PM ET

Accepted

Dec 1, 7:35 PM ET

Size

24.8 KB

Accession

0000950103-21-019025

Insider Transaction Report

Form 4
Period: 2021-11-30
Magnuson Lee A
General Counsel and VP
Transactions
  • Disposition to Issuer

    Stock Option

    2021-11-302,0300 total
    Exercise: $35.05From: 2019-04-05Exp: 2023-04-05Common Stock (2,030 underlying)
  • Disposition to Issuer

    Restricted Stock Units - 2019

    2021-11-301,0520 total
    Common Stock (1,052 underlying)
  • Disposition to Issuer

    Restricted Stock Units - 2020

    2021-11-302,3090 total
    Common Stock (2,309 underlying)
  • Disposition to Issuer

    Common Stock

    2021-11-303,0040 total
  • Disposition to Issuer

    Restricted Stock Units - 2021

    2021-11-301,2990 total
    Common Stock (1,299 underlying)
  • Disposition to Issuer

    Restricted Stock Units - 2019

    2021-11-302,1040 total
    Common Stock (2,104 underlying)
  • Disposition to Issuer

    Common Stock

    2021-11-30280 total(indirect: By Spouse)
  • Disposition to Issuer

    Restricted Stock Units - 2021

    2021-11-302,5980 total
    Common Stock (2,598 underlying)
  • Disposition to Issuer

    Restricted Stock Units - 2020

    2021-11-303,7590 total
    Common Stock (3,759 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 27 dividend equivalent units.
  • [F5]Includes 28 dividend equivalent units.
  • [F6]The target number of shares of Raven Common Stock was 1,025. Includes 27 dividend equivalent units.
  • [F7]The target number of shares of Raven Common Stock was 2,281. Includes 28 dividend equivalent units.
  • [F8]The target number of shares of Raven Common Stock was 1,299.
  • [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.

Issuer

RAVEN INDUSTRIES INC

CIK 0000082166

Entity typeother

Related Parties

1
  • filerCIK 0001726150

Filing Metadata

Form type
4
Filed
Nov 30, 7:00 PM ET
Accepted
Dec 1, 7:35 PM ET
Size
24.8 KB