Brandon Solano - 11 Jun 2022 Form 4 Insider Report for RAVE RESTAURANT GROUP, INC. (RAVE)

Role: President & CEO
Signature: Steven D. Davidson as Attorney-in-Fact for Brandon Solano
Issuer symbol: RAVE
Transactions as of: 11 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 14 Jun 2022, 14:53:43 UTC
Previous filing: 12 May 2022
Next filing: 10 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	RAVE	Common Stock						64,669	11 Jun 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RAVE	Restricted Stock Units	Award	$0	+262,500		$0.000000	262,500	11 Jun 2022	Common Stock			Direct	F1
holding	RAVE	Restricted Stock Units						443,625	11 Jun 2022	Common Stock			Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents the right to received 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.