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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | 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. | SEC 2270 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction 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 (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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(A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | |||||||||
Deferred Stock Units | Â | Â | Â | Â | Â | Â | Â (2) | Â (2) | Common Stock | Â | 17,275.47 (1) (3) (4) | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BOUR ANTHONY W PO BOX 5107 SIOUX FALLS, SD 57117 |
 X |  |  |  |
/s/ Anthony W Bour | 02/11/2013 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Each Deferred Stock Unit is the economic equavalent of one share of RAVN Common Stock. |
(2) | 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. |
(3) | Total reflects units credited as follows: Dividends of 26.992 units on 7/25/12, 65.473 units on 10/25/12 and 68.541 units on 12/31/12. 2-for-1 Stock Split Units of 8570.728 credited on 7/25/12. |
(4) | The amount of securities (and derivative securities) owned has been increased to reflect the 2-for-1 stock split which occurred on 7/25/12. |
(5) | On February 4, 2009, the Reporting Person transferred 55,121 shares to a grantor retained annuity trust (GRAT) for the benefit of the Reporting Person and his adult children. The reporting person has formed a total of 4 GRAT's each with a two-year time frame. On February 4, 2011, GRAT 1 terminated and 21,170 shares were transferred to the Reporting Person's adult children. On February 22, 2012, GRAT 2 terminated and 10,100 shares were transferred into irrevocable trusts for the Reporting Person's adult children. The Reporting Person is a co-trustee of these trusts. On 7/25/12 the remaining shares were increased to reflect a 2-for-1 stock split. The remaining 47,702 shares are held in GRAT 3 (24,890 shares) and GRAT 4 (22,812 shares) for the benefit of the Reporting Person and his adult children. |