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RAVE RESTAURANT GROUP, INC. — Director's Dealing 2008
Jul 7, 2008
34616_dirs_2008-07-07_e45b5dfe-6967-45a5-b63e-9b7b01f22681.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: 2008-07-02
Reporting Person: SCHWARZ MARK E (Director, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2008-07-02 | Employee Stock Option | $2.32 | A | 40000 | Acquired | 2018-07-02 | Common Stock (40000) | Direct |
Footnotes
F1: Mr. Schwarz also indirectly owns 4,760,550 shares of Common Stock held directly by Newcastle Partners, L.P.
F2: Mr. Schwarz is the managing member of Newcastle Capital Group, L.L.C. ("NCG"), the general partner of Newcastle Capital Management, L.P. ("NCM") and the general partner of Newcastle Partners, L.P. ("NP"). Accordingly, each of Mr. Schwarz, NCM and NCG may be deemed to beneficially own the shares held by NP. Mr. Schwarz, NCM and NCG disclaim beneficial ownership of the shares beneficially owned by NP, except to the extent of their pecuniary interest therein.