Crane Scott 4
4 · RAVE RESTAURANT GROUP, INC. · Filed Dec 19, 2017
Insider Transaction Report
Form 4
Crane Scott
President & CEO
Transactions
- Conversion
Common Stock
2017-12-15$2.00/sh+175,000$350,000→ 415,103 total - Conversion
4% Convertible Senior Notes due 2022, Par $100
2017-12-15Exercise: $2.00From: 2017-05-15Exp: 2022-02-15→ Common Stock (175,000 underlying)
Holdings
- 300,000
Restricted Stock Units
From: 2019-10-15Exp: 2019-10-15→ Common Stock
Footnotes (1)
- [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.