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RAVE RESTAURANT GROUP, INC. Director's Dealing 2017

Mar 7, 2017

34616_dirs_2017-03-07_2383a547-2493-473b-b51e-dbb214c6f4ed.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: 2017-03-03

Reporting Person: AMERICAN HALLMARK INSURANCE Co OF TEXAS (See Note 1.)
Reporting Person: HALLMARK FINANCIAL SERVICES INC (See Note 1)
Reporting Person: Hallmark Insurance Co (See Note 1)
Reporting Person: Hallmark Specialty Insurance Co (See Note 1)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-03-03 4% Convertible Senior Notes due 2022, Par $100 $2.00 P Acquired 2022-02-15 Common Stock (295000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 782395 Direct

Footnotes

F1: Each Reporting Person is a member of a "group" for purposes of Section 13(d)(3) of the Exchange Act. The group consists of Hallmark Financial Services, Inc. ("HFS"), American Hallmark Insurance Company of Texas ("AHIC"), Hallmark Insurance Company ("HIC"), Hallmark Specialty Insurance Company ("HSIC"), Newcastle Partners LP, Newcastle Capital Management LP, Newcastle Capital Group LLC, NCM Services Inc., Schwarz 2012 Family Trust, Mark E. Schwarz and Clinton J. Coleman.

F2: Shares and transactions reported are owned directly by AHIC. HFS is the direct or indirect parent of each of AHIC, HIC and HSIC.