SEC Form 4 · accession 0001181580-15-000009
RAVE RESTAURANT GROUP, INC. · RAVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William C Hammett Jr.
Director
Period of report
Mar 9, 2015
Accepted (ET)
Mar 11, 2015 · 11:28 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000718332
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 9, 2015 | M | 16,611 | $1.90 | A | 36,611 | D | |
| Common StockF1 | Mar 9, 2015 | S | 16,611 | $13.2668 | D | 20,000 | D | |
| Common Stock | Mar 10, 2015 | M | 3,589 | $1.90 | A | 23,589 | D | |
| Common StockF2 | Mar 10, 2015 | S | 13,589 | $12.9052 | D | 10,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DIRECTOR STOCK OPTIONS (Right to Buy)F3 | $1.90 | Mar 9, 2015 | M | 16,611 | D | Jun 29, 2010 | Jun 29, 2019 | COMMON STOCK | 20,200 | 3,589 | D |
| DIRECTOR STOCK OPTIONS (Right to Buy)F3 | $1.90 | Mar 10, 2015 | M | 3,589 | D | Jun 29, 2010 | Jun 29, 2019 | COMMON STOCK | 20,200 | 0 | D |
| DIRECTOR STOCK OPTIONS (Right to Buy) | $1.87 | holding | — | — | — | Jun 28, 2011 | Jun 28, 2020 | COMMON STOCK | 9,800 | 9,800 | D |
| DIRECTOR STOCK OPTIONS (Right to Buy) | $2.32 | holding | — | — | — | Jul 2, 2009 | Jul 2, 2018 | COMMON STOCK | 10,000 | 10,000 | D |
Explanation of responses
- F1Represents the weighted average purchase price of transactions effected at prices ranging from $13.191 per share to $13.32 per share. Upon written request by the SEC, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F2Represents the weighted average purchase price of transactions effected at prices ranging from $12.80 per share to $13.255 per share. Upon written request by the SEC, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F3Represents director stock options.