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RAVE RESTAURANT GROUP, INC. Director's Dealing 2016

Jun 27, 2016

34616_dirs_2016-06-27_bbf415e4-cc73-47a9-b6a5-24e5feae3c6b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAVE RESTAURANT GROUP, INC. (RAVE)
CIK: 0000718332
Period of Report: 2016-06-27

Reporting Person: SCHWARZ MARK E (Director, Chairman, 10% Owner)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-06-27 Director Stock Option (right to buy) $3.95 A 40000 Acquired 2026-06-27 Common Stock (40000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 100691 Direct
Common Stock 1729773 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Director Stock Option (right to buy) $3.11 2022-06-25 Common Stock (15000) 15000 Direct
Director Stock Option (right to buy) $1.90 2019-06-29 Common Stock (40000) 40000 Direct
Director Stock Option (right to buy) $2.32 2018-07-02 Common Stock (40000) 40000 Direct

Footnotes

F1: Mr. Schwarz is the sole trustee of the Schwarz 2012 Family Trust (the "Trust") and a director and officer of NCM Services, Inc. ("NCMS"). The Trust is the sole shareholder of NCMS, which is the sole member of Newcastle Capital Group, L.L.C. ("NCG"), which is the general partner of Newcastle Capital Management, L.P. ("NCM"), which is the general partner of Newcastle Partners, L.P. ("NP"). Accordingly, Mr. Schwarz may be deemed the beneficial owner of all shares held by any of the Trust, NCMS, NCG, NCM or NP.

F2: Represents director stock options.