RAVE RESTAURANT GROUP, INC. — Director's Dealing 2007

Dec 21, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PIZZA INN INC /MO/ (PZZI)
CIK: 0000718332
Period of Report: 2007-12-20

Reporting Person: Morrison Charles R (President and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-12-20	Employee Stock Options	$2.91	A	50000	Acquired	2017-12-20	Common Stock (50000)	Direct

Footnotes

F1: Represents grant of employee stock options exercisable (vesting) as follows: 5,000 shares on 12/20/2008, 10,000 shares on 12/20/2009, 15,000 shares on 12/20/2010 and 20,000 shares on 12/20/2011.