AI assistant
RAVE RESTAURANT GROUP, INC. — Director's Dealing 2016
Feb 1, 2016
34616_dirs_2016-02-01_3de9cc59-8399-4686-b7b4-7fafb6a39dff.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RAVE RESTAURANT GROUP, INC. (RAVE)
CIK: 0000718332
Period of Report: 2016-01-28
Reporting Person: GIER RANDALL E. (President & CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-01-28 | Restricted Stock Units | $ | A | 43750 | Acquired | 2018-10-15 | Common Stock () | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 52500 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $8.05 | 2024-09-25 | Common Stock (30000) | 30000 | Direct |
| Employee Stock Option (right to buy) | $8.16 | 2023-11-06 | Common Stock (15000) | 15000 | Direct |
| Employee Stock Option (right to buy) | $2.56 | 2022-11-08 | Common Stock (230000) | 230000 | Direct |
| Employee Stock Option (right to buy) | $2.56 | 2022-11-08 | Common Stock (45200) | 120000 | Direct |
Footnotes
F1: Each restricted stock unit represents the right to receive shares of common stock upon satisfaction of vesting requirements and performance criteria. The performance criteria are based on multiple financial metrics which, if at least minimum criteria are achieved, may yield from 50% to 150% of a share of common stock per restricted stock unit.
F2: Represents employee stock options conditionally granted on September 25, 2014, and exercisable as to 10%, 20%, 30% and 40% of shares on September 25, 2015, 2016, 2017 and 2018, respectively.
F3: Represents employee stock options conditionally granted on November 6, 2013, and exercisable as to 10%, 20%, 30% and 40% of shares on November 6, 2014, 2015, 2016 and 2017, respectively.
F4: Represents employee stock options exercisable as to 23,000, 46,000, 69,000 and 92,000 shares on November 8, 2013, 2014, 2015 and 2016, respectively.
F5: Represents employee stock options conditionally granted on November 8, 2012, and exercisable as to 10%, 20%, 30% and 40% of shares on November 8, 2013, 2014, 2015 and 2016, respectively.