Solano Brandon 4
4 · RAVE RESTAURANT GROUP, INC. · Filed Nov 10, 2022
Insider Transaction Report
Form 4
Solano Brandon
Chief Executive Officer
Transactions
- Purchase
Common Stock
2022-11-09$1.57/sh+24,650$38,701→ 89,319 total
Holdings
- 262,500
Restricted Stock Units
From: 2024-10-15Exp: 2024-10-15→ Common Stock - 443,625
Restricted Stock Units
From: 2023-10-15Exp: 2023-10-15→ Common Stock
Footnotes (2)
- [F1]Represents the weighted average purchase price of transactions effected at prices ranging from $1.51 per share to $1.60 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 purchased at each separate price.
- [F2]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.