AI assistant
RAVE RESTAURANT GROUP, INC. — Director's Dealing 2017
Jan 9, 2017
34616_dirs_2017-01-09_b0ede7f5-2f09-4927-9267-3ab501923f48.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: 2016-12-14
Reporting Person: MULLANY TIMOTHY E (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-12-14 | Restricted Stock Units | $ | A | 65190 | Acquired | 2019-10-15 | Common Stock () | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| COMMON STOCK | 10980 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | 2018-10-15 | Common Stock () | 20050 | Direct |
| Employee Stock Option (right to buy) | $6.03 | 2024-05-05 | Common Stock (50000) | 50000 | Direct |
| Employee Stock Option (right to buy) | $6.03 | 2024-05-05 | Common Stock (50000) | 50000 | 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 May 5, 2014, and exercisable as to 10%, 20%, 30% and 40% of the shares on May 5, 2015, 2016, 2017 and 2018, respectively.
F3: Represents employee stock options exercisable as to 5,000, 10,000, 15,000 and 20,000 shares on May 5, 2015, 2016, 2017 and 2018, respectively.