NEWCASTLE CAPITAL GROUP LLC 4
4 · RAVE RESTAURANT GROUP, INC. · Filed Jun 9, 2022
Insider Transaction Report
Form 4
SCHWARZ MARK E
Director10% OwnerOther
Transactions
- Purchase
Common Stock
2022-06-08$0.98/sh+12,252$12,007→ 3,092,125 total(indirect: Shares directly owned by Newcastle Partners, L.P.)
Holdings
- 140,691
Common Stock
- 15,000
Director Stock Option (right to buy)
Exercise: $3.11From: 2013-06-25Exp: 2022-06-25→ Common Stock (15,000 underlying) - 40,000
Director Stock Option (right to buy)
Exercise: $3.95From: 2017-06-27Exp: 2026-06-27→ Common Stock (40,000 underlying)
Footnotes (1)
- [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 to beneficially own all shares held by any of the Trust, NCMS, NCG, NCM or NP.