MATTHIESEN JANET L (Vice President Human Resources) exercised options at RAVEN INDUSTRIES INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

MATTHIESEN JANET L

Filed: 5/14/2018ACC: 0000082166-18-000039

InsiderMATTHIESEN JANET LCIK 1547101

→

IssuerRAVEN INDUSTRIES INCCIK 82166

Officer· Vice President Human Resources

Since May 2018

-2.04K

Net shares

Net seller

$82.2K

Total sold

Open market trades

0B · 0S

Total transactions

2.38K acquired · 4.41K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+2.38K

Price / share

$32.75

Trade value

$77.78K

% of position

21.8%

5/10/2018

10.91K→13.29K

Common Stock

Direct

F · Tax Withholding

−2.04K

Price / share

$40.40

Trade value

$82.21K

% of position

15.3%

5/10/2018

13.29K→11.25K

Total

Net shares

+340.00

Net value

-$4.43K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	5/10/2018	M · Option Exercise	+2.38K	$32.75	$77.78K	21.8%	10.91K	13.29K
Common Stock Direct	5/10/2018	F · Tax Withholding	−2.04K	$40.40	$82.21K	15.3%	13.29K	11.25K
Total			+340.00		-$4.43K

Derivative Transactions1

Stock Option

Direct

M · Option Exercise

Converts to

Common Stock

2.38K shares

−2.38K

Strike price

32.75

Held after

0.00

Exercisable

—

5/10/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Option Direct	Common Stock2.38K shares	5/10/2018	M · Option Exercise	−2.38K	32.75	—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)5

Restricted Stock Unit - 2016

Direct

Underlying security

Common Stock

Underlying shares

2.72K

Shares owned

2.72K

Exercise price

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Common Stock

Underlying shares

5.70K

Shares owned

5.70K

Exercise price

29.2

Expiration

—

Exercise window

—

Restricted Stock Unit - 2017

Direct

Underlying security

Common Stock

Underlying shares

2.40K

Shares owned

2.40K

Exercise price

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Common Stock

Underlying shares

9.75K

Shares owned

9.75K

Exercise price

15.61

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Common Stock

Underlying shares

16.80K

Shares owned

16.80K

Exercise price

20.1

Expiration

—

Exercise window

—

Total

Underlying

37.37K

Owned

37.37K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Unit - 2016 Direct	Common Stock		—	—	2.72K	2.72K
Stock Option Direct	Common Stock	29.2	—	—	5.70K	5.70K
Restricted Stock Unit - 2017 Direct	Common Stock		—	—	2.40K	2.40K
Stock Option Direct	Common Stock	15.61	—	—	9.75K	9.75K
Stock Option Direct	Common Stock	20.1	—	—	16.80K	16.80K
Total					37.37K	37.37K