SEC Form 4 · accession 0001181580-15-000018
RAVE RESTAURANT GROUP, INC. · RAVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark E Schwarz
Officer — Chairman · Director · 10% Owner
Period of report
Dec 28, 2015
Accepted (ET)
Dec 30, 2015 · 4:18 pm EST
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 | Dec 28, 2015 | P | 3,335 | $5.75 | A | 84,026 | D | |
| Common Stock | Dec 30, 2015 | P | 16,665 | $5.8499 | A | 100,691 | D | |
| Common StockF1 | holding | — | — | — | 1,729,773 | I | Shares directly owned by Newcastle Partners L.P. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (right to buy) | $3.11 | holding | — | — | — | Jun 25, 2013 | Jun 25, 2022 | Common Stock | 15,000 | 15,000 | D |
| Director Stock Option (right to buy) | $1.90 | holding | — | — | — | Jun 29, 2010 | Jun 29, 2019 | Common Stock | 40,000 | 40,000 | D |
| Director Stock Option (right to buy) | $2.32 | holding | — | — | — | Jul 2, 2009 | Jul 2, 2018 | Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- F1Mr. Schwarz is the sole trustee of the Schwarz 2012 Family Trust (the "Trust") and a director and officer of NCM Services, Inc. ("NCMS"). The Trust is the sole shareholder of NCMS, which is the sole member of Newcastle Capital Group, L.L.C. ("NCG"), which is the general partner of Newcastle Capital Management, L.P. ("NCM"), which is the general partner of Newcastle Partners, L.P. ("NP"). Accordingly, Mr. Schwarz may be deemed the beneficial owner of all shares held by any of the Trust, NCMS, NCG, NCM or NP.