Jay Rooney - 08 Oct 2024 Form 4 Insider Report for RAVE RESTAURANT GROUP, INC. (RAVE)

Signature
/s/ Jay Rooney
Issuer symbol
RAVE
Transactions as of
08 Oct 2024
Net transactions value
$0
Form type
4
Filing time
11 Oct 2024, 08:25:25 UTC
Previous filing
26 Mar 2024
Next filing
22 Oct 2025

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 +18,690 $0.000000 18,690 08 Oct 2024 Common Stock 28,035 Direct F1, F2
* 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.
F2 Represents the maximum amount of shares of Common Stock that may be received upon successfully meeting all performance criteria.