Filing Details

Accession Number:
0001181580-16-000041
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-10-05 16:36:07
Reporting Period:
2016-09-29
Filing Date:
2016-10-05
Accepted Time:
2016-10-05 16:36:07
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
718332 Rave Restaurant Group Inc. RAVE Wholesale-Groceries & Related Products (5140) 453189287
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1605623 E Timothy Mullany 3551 Plano Parkway
The Colony TX 75056
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2016-09-29 915 $3.04 23,185 No 4 S Direct
Common Stock Disposition 2016-10-04 1,205 $3.00 21,980 No 4 S Direct
Common Stock Disposition 2016-10-05 11,000 $3.03 10,980 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Units $0.00 2018-10-15 2018-10-15 0 20,050 Direct
Common Stock Employee Stock Option (right to buy) $6.03 2024-05-05 50,000 50,000 Direct
Common Stock Employee Stock Option (right to buy) $6.03 2024-05-05 50,000 50,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2018-10-15 0 20,050 Direct
2024-05-05 50,000 50,000 Direct
2024-05-05 50,000 50,000 Direct
Footnotes
  1. Represents the weighted average purchase price of transactions effected at prices ranging from $3.02 per share to $3.11 per share. Upon written request by the SEC, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
  2. Each restricted stock unit represents the right to receive shares of common stock upon satisfaction of vesting requirements and performance criteria. The performance criteria are based on multiple financial metrics which, if at least minimum criteria are achieved, may yield from 50% to 150% of a share of common stock per restricted stock unit.
  3. Represents employee stock options conditionally granted on May 5, 2014, and exercisable as to 10%, 20%, 30% and 40% of the shares on May 5, 2015, 2016, 2017 and 2018, respectively.
  4. Represents employee stock options exercisable as to 5,000, 10,000, 15,000 and 20,000 shares on May 5, 2015, 2016, 2017 and 2018, respectively.