NEWCASTLE CAPITAL GROUP LLC 4
4 · RAVE RESTAURANT GROUP, INC. · Filed Jun 27, 2022
Insider Transaction Report
Form 4
SCHWARZ MARK E
Director10% OwnerOther
Transactions
- Award
Director Stock Option (right to buy)
2022-06-27+40,000→ 40,000 totalExercise: $1.06From: 2023-06-27Exp: 2032-06-27→ Common Stock (40,000 underlying)
Holdings
- 140,691
Common Stock
- 3,092,125(indirect: Shares directly owned by Newcastle Partners, L.P.)
Common Stock
- 40,000
Director Stock Option (right to buy)
Exercise: $3.95From: 2017-06-27Exp: 2026-06-27→ Common Stock (40,000 underlying)
Footnotes (2)
- [F1]Mr. 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.
- [F2]Granted as director stock options.