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 *

Brazones Steven E
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)
VP & CFO, Treasurer
(Last)          (First)          (Middle)

P.O. BOX 5107
3. Date of Earliest Transaction (MM/DD/YYYY)

4/5/2019
(Street)

SIOUX FALLS, SD 57117
(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   4/5/2019     A    4830   (1) A $0   20835   D    
Common Stock   4/5/2019     F    1949   (2) D $0   18886   D    
Common Stock   4/5/2019     A    11575   (3) A $0   30461   D    
Common Stock   4/5/2019     F    4671   (2) D $0   25790   D    
Common Stock   4/8/2019     M    13100   A $20.10   38890   D    
Common Stock   4/8/2019     F    9230   D $39.83   29660   D    
Common Stock   4/8/2019     M    8200   A $15.61   37860   D    
Common Stock   4/8/2019     F    5226   D $39.83   32634   D    
Common Stock   4/8/2019     M    6150   A $29.20   38784   D    
Common Stock   4/8/2019     F    5171   D $39.83   33613   D    

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   (4) $20.1   4/8/2019     M         13100    3/17/2016   3/17/2020   Common Stock   13100.0   $20.10   0   D    
Stock Option   (4) $15.61   4/8/2019     M         8200    4/5/2017   4/5/2021   Common Stock   8200.0   $15.61   8200   D    
Stock Option   (4) $29.2   4/8/2019     M         6150    4/5/2018   4/5/2022   Common Stock   6150.0   $29.20   6150   D    
Stock Option   (4) $35.05                    4/5/2019   4/5/2023   Common Stock   7880.0     7880   D    
Restricted Stock Unit - 2016     (5) 4/5/2019     A         4570      (6)   (6) Common Stock   4570.0   $0   0   D    
Restricted Stock Unit - 2017     (5)                    (7)   (7) Common Stock   5140.0     5140   D    
Restricted Stock Unit - 2018     (5)                    (8)   (8) Common Stock   4420.0     4420   D    
Restricted Stock Unit - 2019     (5) 4/5/2019     A      5768         (9)   (9) Common Stock   5768.0   $0   5768   D    

Explanation of Responses:
(1)  Grant of Time-Based Restricted Stock Units which vested on April 5, 2019 and includes 260 dividend equivalent shares earned on those shares.
(2)  Shares forfeited to satisfy tax withholding requirements.
(3)  Grant of 10,950 Performance-based shares which vested on April 5, 2019 and includes 625 dividend equivalent shares earned on those shares.
(4)  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.
(5)  Each Time-based Restricted Stock Unit is the economic equivalent of one share of RAVN Common Stock.
(6)  The Time-Based Restricted Stock Units shall become vested on the third anniversary of the effective date 4/5/16, provided that the Employee remains continuously employed by the Company through the vesting date.
(7)  The Time-Based Restricted Stock Units shall become vested on the third anniversary of the effective date of 4/5/17, provided that the Employee remains continuously employed by the Company through the vesting date.
(8)  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.
(9)  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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Brazones Steven E
P.O. BOX 5107
SIOUX FALLS, SD 57117


VP & CFO, Treasurer

Signatures
/s/ Steven E. Brazones 4/9/2019
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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