Marc E. LeBaron - May 25, 2021 Form 4 Insider Report for RAVEN INDUSTRIES INC (RAVN)

Role: Director
Signature: /s/ Marc E. LeBaron
Stock symbol: RAVN
Transactions as of: May 25, 2021
Transactions value $: $134,989
Form type: 4
Date filed: 5/26/2021, 11:54 AM
Next filing: Dec 1, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	RAVN	Common Stock						11.2K	May 25, 2021	Direct
holding	RAVN	Common Stock						19.7K	May 25, 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	$135K	+3.09K	+9.71%	$43.70	34.9K	May 25, 2021	Common Stock	3.09K		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.