SEC Form 4 · accession 0001181580-16-000037

RAVE RESTAURANT GROUP, INC. · RAVE

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chairman · Director · 10% Owner

Period of report

Jun 27, 2016

Accepted (ET)

Jun 27, 2016 · 5:13 pm 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	holding	—	—		—	100,691	D
Common Stock^F1	holding	—	—		—	1,729,773	I	Shares directly owned by Newcastle Partners L.P.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Director Stock Option (right to buy)^F2	$3.95	Jun 27, 2016	A	40,000	A	Jun 27, 2017	Jun 27, 2026	Common Stock	40,000	40,000	D
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

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.
F2Represents director stock options.