Hallmark Specialty Insurance Co - 21 Dec 2022 Form 4 Insider Report for RAVE RESTAURANT GROUP, INC. (RAVE)

Role
Group (Note 1), 10%+ Owner
Signature
Steven D. Davidson as Attorney-in-Fact for each Reporting Person
Issuer symbol
RAVE
Transactions as of
21 Dec 2022
Net transactions value
-$403,885
Form type
4
Filing time
21 Dec 2022, 15:32:22 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RAVE Common Stock Sale $403,885 -252,428 -100% $1.60 0 21 Dec 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Hallmark Specialty Insurance Co is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each Reporting Person is a member of a "group" for purposes of Section 13(d)(3) of the Exchange Act. The group consists of Hallmark Financial Services, Inc. ("HFS"), American Hallmark Insurance Company of Texas ("AHIC"), Hallmark Insurance Company ("HIC"), Hallmark Specialty Insurance Company ("HSIC"), Newcastle Partners LP, Newcastle Capital Management LP, Newcastle Capital Group LLC, NCM Services, Inc., Schwarz 2012 Family Trust, and Mark E. Schwarz.
F2 Shares and transactions reported are owned directly by HSIC. HFS is the direct or indirect parent of each of AHIC, HIC, and HSIC.