RAVE RESTAURANT GROUP, INC. — Director's Dealing 2008

Jul 7, 2008

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: Coleman Clinton J (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-07-02	Employee Stock Options	$2.32	A	40000	Acquired	2018-07-02	Common Stock (40000)	Direct

Footnotes

F1: Reporting Person is a vice president of Newcastle Capital Management, L.P., which is the general partner of Newcastle Partners, L.P. Newcastle Partners, L.P. owns 4,760,550 shares of common stock. Reporting Person disclaims beneficial ownership of the shares owned by Newcastle Partners, L.P.