Jason Andringa - Nov 30, 2021 Form 4 Insider Report for RAVEN INDUSTRIES INC (RAVN)

Role
Director
Signature
/s/ Jason Andringa
Stock symbol
RAVN
Transactions as of
Nov 30, 2021
Transactions value $
$0
Form type
4
Date filed
12/1/2021, 06:25 PM
Previous filing
May 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RAVN Common Stock Disposed to Issuer -15K -100% 0 Nov 30, 2021 Direct 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 -36.8K -100% 0 Nov 30, 2021 Common Stock 36.8K 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.