FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * Magnuson Lee A 2. Issuer Name and Ticker or Trading Symbol RAVEN INDUSTRIES INC [ RAVN ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
General Counsel and VP
(Last)         (First)         (Middle)
P.O. BOX 5107
3. Date of Earliest Transaction (MM/DD/YYYY)
11/14/2019
(Street)
SIOUX FALLS, SD 57117-5107
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock                 28  D   
Common Stock                 28  I  By Spouse 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (1) $35.05                  4/5/2019  4/5/2023  Common Stock  2030.0    2030  D   
Restricted Stock Unit - 2017   (2)                  (3)  (3) Common Stock  896.0    896  D   
Restricted Stock Unit - 2018   (2)                  (4)  (4) Common Stock  1140.0    1140  D   
Restricted Stock Unit - 2019   (2)                  (5)  (5) Common Stock  1025.0    1025  D   
Restricted Stock Unit - Nov 2019   (2) 11/14/2019    A     1000       (6)  (6) Common Stock  1000.0  $0  1000  D   

Explanation of Responses:
(1)  Pursuant to Rule 16b-3(d). Right to buy. All options vest at the rate of 25% annually beginning on the date listed in Exercisable, column 6.
(2)  Each Deferred Stock Unit is the economic equivalent of one share of RAVN Common Stock.
(3)  The Time-based Restricted Stock Units shall become vested on the third anniversary of the effective date 4/5/17, provided that the Employee remains continuously employed by the Company through the Vesting Date.
(4)  The Time-based Restricted Stock Units shall become vested on the third anniversary of the effective date 4/5/18, provided that the Employee remains continuously employed by the Company through the Vesting Date.
(5)  The Time-based Restricted Stock Units shall become vested on the third anniversary of the effective date 4/5/19, provided that the Employee remains continuously employed by the Company through the Vesting Date.
(6)  The Time-based Restricted Stock Units shall become vested on the first anniversary of the effective date 11/14/19, provided that the Employee remains continuously employed by the Company through the Vesting Date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Magnuson Lee A
P.O. BOX 5107
SIOUX FALLS, SD 57117-5107


General Counsel and VP

Signatures
/s/ Lee A. Magnuson 11/14/2019
**Signature of Reporting Person Date
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