Form 4 for RAVE RAVE RESTAURANT GROUP, INC.
Accepted 2024-10-17 00:00:00 ET · period of report 2024-10-15 · accession 0001683168-24-007182 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-10-17 | 2024-10-15 | RAVE | Solano Brandon | CEO | F - Tax | $2.65 | -73.4K | 595.2K | -11% | -$194.5K |
| D | 2024-10-17 | 2024-10-15 | RAVE | Solano Brandon | CEO | M - OptEx | $0.00 | +125.0K | 595.2K | +27% | $0 |
| D | 2024-10-17 | 2024-10-15 | RAVE | Solano Brandon | CEO | D - Sale to Iss | — | +262.5K | 0 | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-10-15 | F | D | 73,414 | $2.65 | 595,151 | D | — | — | |
| 2 | Common | Common Stock | 2024-10-15 | M | A | 125,000 | $0.00 | 595,151 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2024-10-15 | D | A | 262,500 | — | 0 | D | — · 2024-10-15 to 2024-10-15 | 198,414 Common Stock | (F2) Reflects restricted stock units representing 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. (F1) Reflects the shares of Common Stock (a) issue on October 15, 2024, after vesting of restricted stock units awarded under the Issuer's 2015 Long Term Incentive Plan pursuant to completikon of th requiremnets and performance criteria set forth in such plan, (b) net of the Issuer's retention of 73,414 shares the Reporting Person had the right to recive for tax withholding pruposes pursuant to the plan based on the closing price of the Issuer's Common Stock on October 14, 2024. |