BOUR ANTHONY W 4
4 · RAVEN INDUSTRIES INC · Filed May 26, 2011
Insider Transaction Report
Form 4
BOUR ANTHONY W
Director
Transactions
- Gift
Common Stock
2011-04-08−21,170→ 21,170 total(indirect: By Trust) - Gift
Common Stock
2011-02-04−21,170→ 33,951 total(indirect: By GRATS) - Award
Deferred Stock Units
2011-05-24+963.58→ 7,539.036 total→ Common Stock (963.58 underlying)
Footnotes (5)
- [F1]Each Deferred Stock Unit is the economic equivalent 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 12 months after his retirement from the board.
- [F3]Total reflects units credited as follows: Dividends 21.322 on 4/15/11. Deferred Stock Units of 963.580 on 5/24/11.
- [F4]On February 4, 2009, the Reporting Person transferred 55,122 shares to a grantor annuity trust (GRAT) for the benefit of the Reporting Person and his adult children, and Reporting Person has formed two other GRAT's. On February 4, 2011, the first GRAT terminated, and 21,170 shares were transferred to the Reporting Person's adult children. The remaining 33,951 shares have been transferred to other GRAT's for the benefit of the Reporting Person and his adult children and continue to be held in GRAT's.
- [F5]On April 8, 2011, the Reporting Person's adult children transferred an aggregate 21,170 shares into irrovocable trusts for the benefit of such children and their children. The Reporting Person is a co-trustee of these trusts.