Mark E. Schwarz - 10 May 2022 Form 4 Insider Report for RAVE RESTAURANT GROUP, INC. (RAVE)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 May 2022, 17:00:05 UTC
Prior SEC filing
05 Apr 2022
Next SEC filing
18 May 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Steven D. Davidson as Attorney-In-Fact for each Reporting Person

Key filing fact

Mark E. Schwarz filed Form 4 for RAVE RESTAURANT GROUP, INC. (RAVE) on 12 May 2022.

Key facts

  • This page summarizes Mark E. Schwarz's Form 4 filing for RAVE RESTAURANT GROUP, INC. (RAVE).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 12 May 2022, 17:00.

Change

  • Previous filing in this sequence was filed on 05 Apr 2022.
  • Current net transaction value: +$36,524.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RAVE transaction

Common Stock

Purchase

Transaction value
$9,869
Shares
+11,300
Change %
+11%
Price
$0.8734
Shares after
111,991
Date
10 May 2022
Ownership
Direct
RAVE transaction

Common Stock

Purchase

Transaction value
$15,435
Shares
+18,000
Change %
+16%
Price
$0.8575
Shares after
129,991
Date
11 May 2022
Ownership
Direct
RAVE transaction

Common Stock

Purchase

Transaction value
$9,306
Shares
+10,700
Change %
+8.2%
Price
$0.8697
Shares after
140,691
Date
12 May 2022
Ownership
Direct
RAVE transaction

Common Stock

Purchase

Transaction value
$1,914
Shares
+2,201
Change %
+0.07%
Price
$0.8697
Shares after
2,991,654
Date
12 May 2022
Ownership
Directly owned by by Newcastle Partners, L.P.
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RAVE holding Derivative

Director Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
40,000
Date
10 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
40,000
Exercise price
$3.95
RAVE holding Derivative

Director Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
15,000
Date
10 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
15,000
Exercise price
$3.11
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote 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.

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