Clinton Dayne Fendley - 16 Oct 2023 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
18 Oct 2023, 16:09:53 UTC
Prior SEC filing
27 Sep 2023
Next SEC filing
15 Nov 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Clinton Dayne Fendley

Key filing fact

Clinton Dayne Fendley filed Form 4 for RAVE RESTAURANT GROUP, INC. (RAVE) on 18 Oct 2023.

Key facts

  • This page summarizes Clinton Dayne Fendley's Form 4 filing for RAVE RESTAURANT GROUP, INC. (RAVE).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 18 Oct 2023, 16:09.

Change

  • Previous filing in this sequence was filed on 27 Sep 2023.
  • Current net transaction value: -$17,395.

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

Options Exercise

Transaction value
$0
Shares
+20,397
Change %
+24%
Price
$0.000000
Shares after
104,813
Date
16 Oct 2023
Ownership
Direct
Footnotes
F1
RAVE transaction

COMMON STOCK

Tax liability

Transaction value
$17,395
Shares
-8,741
Change %
-7.7%
Price
$1.99
Shares after
104,813
Date
16 Oct 2023
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

RAVE transaction Derivative

RESTRICTED STOCK UNITS

Disposed to Issuer

Transaction value
Shares
-25,900
Change %
-100%
Price
Shares after
0
Date
16 Oct 2023
Ownership
Direct
Underlying class
COMMON STOCK
Underlying amount
29,138
Exercise price
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Reflects the shares of Common Stock (a) issued on October 16, 2023, after vesting of restricted stock units awarded under the Issuer's 2015 Long Term Incentive Plan pursuant to completion of the requirements and performance criteria set forth in such plan, (b) net of the Issuer's retention of 8,741 shares the Reporting Person had the right to receive for tax withholding purposes pursuant to the plan based on the closing price of the Issuer's Common Stock on October 13, 2023.

Footnote F2

Reflects restricted stock units representing 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.

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