<SEC-DOCUMENT>0001140361-19-018906.txt : 20191023
<SEC-HEADER>0001140361-19-018906.hdr.sgml : 20191023
<ACCEPTANCE-DATETIME>20191023110038
ACCESSION NUMBER:		0001140361-19-018906
CONFORMED SUBMISSION TYPE:	8-K/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20191018
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20191023
DATE AS OF CHANGE:		20191023

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RAVE RESTAURANT GROUP, INC.
		CENTRAL INDEX KEY:			0000718332
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-GROCERIES & RELATED PRODUCTS [5140]
		IRS NUMBER:				453189287
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-12919
		FILM NUMBER:		191163087

	BUSINESS ADDRESS:	
		STREET 1:		3551 PLANO PARKWAY
		CITY:			THE COLONY
		STATE:			TX
		ZIP:			75056
		BUSINESS PHONE:		469-384-5000

	MAIL ADDRESS:	
		STREET 1:		3551 PLANO PARKWAY
		CITY:			THE COLONY
		STATE:			TX
		ZIP:			75056

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PIZZA INN HOLDINGS, INC /MO/
		DATE OF NAME CHANGE:	20110923

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PIZZA INN INC /MO/
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PANTERAS CORP
		DATE OF NAME CHANGE:	19901126
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K/A
<SEQUENCE>1
<FILENAME>form8ka.htm
<DESCRIPTION>8-K/A
<TEXT>
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    <div style="text-align: center; font-size: 14pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">Washington, D.C. 20549</div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 18pt; font-weight: bold;">FORM 8&#8209;K/A</div>
    <div style="text-align: center; font-weight: bold;">(Amendment No. 1)</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">CURRENT REPORT</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</div>
    <div><br>
    </div>
    <div style="text-align: center;">Date of Report (Date of earliest event reported): <font style="font-weight: bold;"> October 18, 2019</font></div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 24pt; font-weight: bold;">Rave Restaurant Group, Inc.</div>
    <div style="text-align: center;">(Exact name of registrant as specified in its charter)</div>
    <div><br>
    </div>
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          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; font-weight: bold;">Missouri</div>
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          <td style="width: 34%; vertical-align: top;">
            <div style="text-align: center; font-weight: bold;">0-12919</div>
          </td>
          <td style="width: 33.32%; vertical-align: top;">
            <div style="text-align: center; font-weight: bold;">45-3189287</div>
          </td>
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            <div style="text-align: center;">(State or other jurisdiction of incorporation)</div>
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            <div style="text-align: center;">(Commission File Number)</div>
          </td>
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            <div style="text-align: center;">(IRS Employer Identification No.)</div>
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          <td style="width: 49%; vertical-align: top;">
            <div style="text-align: center; font-weight: bold;">3551 Plano Parkway, The Colony, Texas</div>
          </td>
          <td colspan="1" style="width: 2%; vertical-align: top;">&#160;</td>
          <td style="width: 49%; vertical-align: top;">
            <div style="text-align: center; font-weight: bold;">75056</div>
          </td>
        </tr>
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          <td style="width: 49%; vertical-align: top;">
            <div style="text-align: center;">(Address of principal executive offices)</div>
          </td>
          <td colspan="1" style="width: 2%; vertical-align: top;">&#160;</td>
          <td style="width: 49%; vertical-align: top;">
            <div style="text-align: center;">(Zip Code)</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: center;">Registrant&#8217;s telephone number, including area code: <font style="font-weight: bold;">(469) 384-5000</font></div>
    <div><br>
    </div>
    <div style="text-align: center;">Securities registered pursuant to Section 12(b) of the Act:</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);" id="zdb73d595df044de3ae824982e11555d0">

        <tr>
          <td style="width: 33.33%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; font-weight: bold;">Title of each class</div>
          </td>
          <td style="width: 34%; vertical-align: top; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center; font-weight: bold;">Trading Symbol(s)</div>
          </td>
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            <div style="text-align: center; font-weight: bold;">Name of each exchange on which registered</div>
          </td>
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          <td style="width: 33.33%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center;">Common Stock, $0.01 par value</div>
          </td>
          <td style="width: 34%; vertical-align: middle; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center;">RAVE</div>
          </td>
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            <div style="text-align: center;">Nasdaq Capital Market</div>
          </td>
        </tr>

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    <div><br>
    </div>
    <div style="text-align: justify;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see<font style="font-style: italic;">&#160;</font>General
      Instruction A.2. below):</div>
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              <td style="width: 18pt; vertical-align: top;">&#9744;</td>
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                <div>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</div>
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              <td style="width: 18pt; vertical-align: top; align: right;">&#9744;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</div>
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              <td style="width: 18pt; vertical-align: top; align: right;">&#9744;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</div>
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              <td style="width: 18pt; vertical-align: top; align: right;">&#9744;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
      (&#167;240.12b-2 of this chapter).&#160; Emerging growth company&#160;&#160; &#9744;</div>
    <div><br>
    </div>
    <div style="text-align: justify;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to
      Section 13(a) of the Exchange Act.&#160;&#160; &#9744;</div>
    <div style="text-align: justify;"> <br>
    </div>
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      <hr align="center" style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"> </div>
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    <div style="text-align: center; text-indent: -58.5pt; margin-left: 58.5pt; font-weight: bold;">EXPLANATORY NOTE</div>
    <div>&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;">This Form 8-K/A amends the Form 8-K filed by the registrant on October 21, 2019, for the sole purpose of providing the age of Brandon L. Solano.</div>
    <div>&#160;</div>
    <div style="text-align: justify;">
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              <td style="width: 54pt; vertical-align: top; font-weight: bold;">Item 5.02</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-weight: bold;">Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div>&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;">On October 21, 2019, Rave Restaurant Group, Inc. (the &#8220;Company&#8221;) announced the appointment of Brandon L. Solano to become its Chief Executive Officer, effective immediately.&#160; Robert W. Bafundo will
      continue to serve as President of the Company.</div>
    <div>&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;">Mr. Solano is 48 years of age.&#160; From 2017 through May, 2019, Mr. Solano served as Chief Marketing &amp; Digital Officer for Pei Wei Asian Diner, LLC, a fast-casual restaurant chain featuring
      Asian-inspired dishes.&#160; From 2015 through 2017, he served as Chief Marketing Officer for Papa Murphy&#8217;s Holdings, Inc., a franchisor and operator of the largest &#8220;take &amp; bake&#8221; pizza chain in the United States.&#160; From 2014 to 2015, he was employed by
      The Wendy&#8217;s Company, a franchisor and operator of fast food restaurants, completing his tenure as Chief Marketing Officer.&#160; From 2008 to 2014, Mr. Solano was employed by Domino&#8217;s Pizza, Inc., a franchisor and operator of delivery and carryout pizza
      outlets, completing his tenure as Vice President of Development.&#160; Mr. Solano has no family relationship with any director or other executive officer of the Company. There are no transactions in which Mr. Solano has an interest requiring disclosure
      under Item 404(a) of Regulation S-K.</div>
    <div>&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;">The Company has entered into an employment letter agreement with Mr. Solano (the &#8220;Agreement&#8221;) confirming his employment as Chief Executive Officer of the Company.&#160; The Agreement provides for at-will
      employment at a starting annual base salary of $350,000.&#160; The Agreement also provides for annual incentive compensation of up to 150% of base annual salary split equally between annual cash bonus and restricted stock units granted under the Company&#8217;s
      2015 Long Term Incentive Plan.&#160; Restricted stock units represent the right to receive shares of common stock upon satisfaction of vesting requirements and performance conditions over a period of three fiscal years.&#160; Mr. Solano will also be entitled
      to other typical benefits generally available to senior executives of the Company.&#160; The Agreement also contains a covenant not to compete which precludes Mr. Solano from engaging in any pizza restaurant business for a period of 12 months after the
      termination of his employment, as well as non-disclosure, non-solicitation and other common employment covenants.</div>
    <div>&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;">The foregoing description of the Agreement is qualified in its entirety by reference to the employment letter agreement filed as an exhibit to this Current Report on Form 8-K and incorporated herein
      by this reference.</div>
    <div>&#160;</div>
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              <td style="width: 54pt; vertical-align: top; font-weight: bold;">ITEM 8.01</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-weight: bold;">Other Events</div>
              </td>
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        </table>
      </div>
    </div>
    <div>&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;">The Company has issued a press release announcing Mr. Solano&#8217;s appointment as its Chief Executive Officer, a copy of which is attached as an exhibit hereto.</div>
    <div>&#160;</div>
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              <td style="width: 54pt; vertical-align: top; font-weight: bold;">ITEM 9.01</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-weight: bold;">Financial Statements and Exhibits</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div>&#160;</div>
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      <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="z560d20e37e244cfe88762572b3893e6f" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;">

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            <td style="vertical-align: top; width: 36pt;">
              <div style="text-align: justify;">(d)</div>
            </td>
            <td style="align: left; vertical-align: top; width: auto;">
              <div style="text-align: justify;"><u>Exhibits</u></div>
            </td>
          </tr>

      </table>
    </div>
    <div>&#160;</div>
    <div style="text-align: justify;">
      <div>
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              <td style="width: 36pt; vertical-align: top;">10.1+</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div>Letter agreement dated October 18, 2019, between Rave Restaurant Group, Inc. and Brandon Solano.</div>
              </td>
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      </div>
    </div>
    <div>&#160;</div>
    <div>
      <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="zbde1deabf37b49bb8f1595fede648361" style="width: 100%; font-family: 'Times New Roman'; font-size: 10pt;">

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            <td style="vertical-align: top; width: 36pt;">
              <div style="text-align: justify;">99.1+</div>
            </td>
            <td style="align: left; vertical-align: top; width: auto;">
              <div style="text-align: justify;">Rave Restaurant Group, Inc. press release dated October 21, 2019.</div>
            </td>
          </tr>

      </table>
    </div>
    <div>&#160;</div>
    <div style="text-align: justify;">+&#160; Previously filed.</div>
    <div><br>
    </div>
    <div style="text-align: center;">SIGNATURES</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</div>
    <div><br>
    </div>
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          <td style="width: 45%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">
            <div>RAVE RESTAURANT GROUP, INC.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 45%; vertical-align: top; padding-bottom: 2px;">
            <div>Date:&#160; October 23, 2019</div>
          </td>
          <td style="width: 5%; vertical-align: top; padding-bottom: 2px;">
            <div>By:</div>
          </td>
          <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>/s/ Robert W. Bafundo</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">
            <div>Robert W. Bafundo, President</div>
          </td>
        </tr>

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    <div><br>
    </div>
    <div><br>
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</SEC-DOCUMENT>
