BURNS MICHAEL F JR (Chief Operating Officer) exercised options at RAVE RESTAURANT GROUP, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 10/18/2023ACC: 0001683168-23-007247
Officer· Chief Operating Officer
Since Nov 2019
-29.52K
Net shares
Net seller
$36.0K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
42.26K acquired · 71.78K disposed
Non-Derivative Transactions2
COMMON STOCK
Direct
Shares
+42.26K
Price / share
—
Trade value
—
% of position
New position
10/16/2023
0.00→42.26K
COMMON STOCK
Direct
Shares
−18.11K
Price / share
$1.99
Trade value
$36.04K
% of position
30.0%
10/16/2023
60.37K→42.26K
Total
Net shares
+24.15K
Net value
-$36.04K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK Direct | 10/16/2023 | M · Option Exercise | +42.26K | — | — | New position | 0.00 | 42.26K |
| COMMON STOCK Direct | 10/16/2023 | F · Tax Withholding | −18.11K | $1.99 | $36.04K | 30.0% | 60.37K | 42.26K |
| Total | +24.15K | -$36.04K | ||||||
Derivative Transactions1
RESTRICTED STOCK UNITS
Direct
Converts to
COMMON STOCK
60.37K shares
Shares
−53.66K
Strike price
Held after
0.00
Exercisable
—
10/16/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| RESTRICTED STOCK UNITS Direct | COMMON STOCK60.37K shares | 10/16/2023 | D · Disposition | −53.66K | — | 0.00 |