Marc E. Lebaron - 25 May 2021 Form 4 Insider Report for RAVEN INDUSTRIES INC

Role: Director
Signature: /s/ Marc E. LeBaron
Issuer symbol: N/A
Transactions as of: 25 May 2021
Net transactions value: +$134,989
Form type: 4
Filing time: 26 May 2021, 11:54:34 UTC
Next filing: 01 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	RAVN	Common Stock						11,151	25 May 2021	Direct
holding	RAVN	Common Stock						19,662	25 May 2021	By Spouse

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	Award	$134,989	+3,089	+9.7%	$43.70	34,903	25 May 2021	Common Stock	3,089		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Deferred Stock Unit is the economic equavalent of one share of RAVN Common Stock.
F2	As permitted under the Issuer's Deferred Stock Compensation Plan for Directors, the Reporting Person has elected to defer receipt of the common stock underlying these Units until 2 months after his retirement from the Board.