Raven Industries director just declared owning 21,664 shares of Raven Industries

Mark E Griffin, a director of Raven Industries, has just filed an initial statement of beneficial ownership where 21,664 shares of Raven Industries were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Griffin. Griffin operates out of Sioux Falls, SD. Some additional info was provided as follows:

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, 37.9 75 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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