Clinton Dayne Fendley - 11 Jun 2022 Form 4 Insider Report for RAVE RESTAURANT GROUP, INC. (RAVE)

Role
CFO
Signature
Steven D. Davidson as Attorney-in-Fact for Clinton Dayne Fendley
Issuer symbol
RAVE
Transactions as of
11 Jun 2022
Net transactions value
$0
Form type
4
Filing time
14 Jun 2022, 15:25:47 UTC
Previous filing
11 May 2022
Next filing
27 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RAVE Common Stock 84,416 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 +40,000 $0.000000 40,000 11 Jun 2022 Common Stock Direct F1
holding RAVE Restricted Stock Units 25,900 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 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.