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RAVE RESTAURANT GROUP, INC. Director's Dealing 2007

Mar 27, 2007

34616_dirs_2007-03-27_a5e035e1-9d75-4d6b-8ebc-42f759a5c89b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PIZZA INN INC /MO/ (PZZI)
CIK: 0000718332
Period of Report: 2007-03-20

Reporting Person: OLGREEN WARD (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-27	Common Stock	M	200	$2.0	Acquired	50863.21	Direct
2007-03-27	Common Stock	S	200	$2.5	Disposed	50663.21	Direct
2007-03-27	Common Stock	M	100	$2.0	Acquired	50763.21	Direct
2007-03-27	Common Stock	S	100	$2.46	Disposed	50663.21	Direct
2007-03-27	Common Stock	M	100	$2.0	Acquired	50763.21	Direct
2007-03-27	Common Stock	S	100	$2.45	Disposed	50663.21	Direct
2007-03-27	Common Stock	M	200	$2.0	Acquired	50863.21	Direct
2007-03-27	Common Stock	S	200	$2.43	Disposed	50663.21	Direct
2007-03-27	Common Stock	M	300	$2.0	Acquired	50963.21	Direct
2007-03-27	Common Stock	S	300	$2.42	Disposed	50663.21	Direct
2007-03-27	Common Stock	M	500	$2.0	Acquired	51163.21	Direct
2007-03-27	Common Stock	S	500	$2.41	Disposed	50663.21	Direct
2007-03-27	Common Stock	M	19450	$2.0	Acquired	52603.21	Direct
2007-03-27	Common Stock	S	19450	$2.40	Disposed	50663.21	Direct
2007-03-27	Common Stock	M	1350	$2	Acquired	52013.21	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-03-27	Employee Stock Option	$2.0	M	22200	Disposed	2007-05-03	Common Stock (30000)	Direct