Each Deferred Stock Unit is the economic equavalent of one share of RAVN Common Stock.
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.
Total reflects units credited as follows: Dividends of 40.911 units on 7/25/13, 37.975 units on 10/25/13 and 34.925 units on 1/24/14.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
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