MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.
−Removed: As of August 30, 2021, there were approximately 1,895 stockholders of record of the Company’s common stock.
−Removed: The Company had no sales of unregistered securities during fiscal 2021 or 2020.
The Company’s common stock is listed on the Capital Market of the NASDAQ Stock Market, LLC (“NASDAQ”) under the symbol “RAVE”.
−Removed: The following
−Removed: table shows the highest and lowest price per share of the common stock during each quarterly period within the two most recent fiscal years, as reported by NASDAQ.
−Removed: Such prices reflect inter-dealer quotations, without adjustment for any retail
−Removed: markup, markdown or commission.
−Removed: Fourth Quarter Ended 6/27/2021
−Removed: Third Quarter Ended 3/28/2021
−Removed: Second Quarter Ended 12/27/2020
−Removed: First Quarter Ended 9/27/2020
−Removed: Fourth Quarter Ended 06/28/2020
−Removed: Third Quarter Ended 3/29/2020
−Removed: Second Quarter Ended 12/29/2019
−Removed: First Quarter Ended 9/29/2019
+Added: September 16, 2022, there were approximately 1,891 stockholders of record of the Company’s common stock.
+Added: The Company had no sales of unregistered securities during fiscal 2022 or 2021.
The Company did not pay any dividends on its common stock during the fiscal years ended June 26, 2022 or June 27, 2021.
4 unchanged sentences
2007 Stock Purchase Plan
−Removed: On May 23, 2007, the Company’s board of directors approved a stock purchase plan (the “2007 Stock Purchase Plan”) authorizing the purchase
−Removed: on our behalf of up to 1,016,000 shares of our common stock in the open market or in privately negotiated transactions.
−Removed: On June 2, 2008, the Company’s board of directors amended the 2007 Stock Purchase Plan to increase the number of shares of common
−Removed: stock the Company may repurchase by 1,000,000 shares to a total of 2,016,000 shares.
−Removed: On April 22, 2009 the Company’s board of directors amended the 2007 Stock Purchase Plan again to increase the number of shares of common stock the Company may
−Removed: repurchase by 1,000,000 shares to a total of 3,016,000 shares.
+Added: On May 23, 2007, the Company’s board of directors approved a stock purchase plan (the “2007 Stock Purchase Plan”) authorizing the purchase on our behalf of up to 1,016,000 shares of
+Added: our common stock in the open market or in privately negotiated transactions.
+Added: On June 2, 2008, the Company’s board of directors amended the 2007 Stock Purchase Plan to increase the number of shares of common stock the Company may repurchase by
+Added: 1,000,000 shares to a total of 2,016,000 shares.
+Added: On April 22, 2009 the Company’s board of directors amended the 2007 Stock Purchase Plan again to increase the number of shares of common stock the Company may repurchase by 1,000,000 shares to a
+Added: total of 3,016,000 shares.
+Added: The following table furnishes information for purchases made pursuant to the 2007 Stock Purchase Plan during the fourth quarter of fiscal 2022:
+Added: Average Price
+Added: Paid Per Share
+Added: Total Number of
+Added: Shares Purchased
+Added: as Part of Publicly
+Added: Announced Plan
+Added: Maximum Number
+Added: of Shares that May
+Added: Yet Be Purchased
+Added: Under the Plan
+Added: 03/28/2022 - 04/24/2022
+Added: 04/25/2022 - 05/29/2022
+Added: 05/30/2022 - 06/26/2022
+Added: On June 28, 2022, the Company’s board of directors amended the 2007 Stock Purchase Plan again to increase the number of shares of common stock the Company may repurchase by 5,000,000 shares to a
+Added: total of 8,016,000 shares .
The 2007 Stock Purchase Plan does not have an expiration date.
−Removed: There were no stock purchases in the fiscal year ended June 27, 2021.
The Company’s ability to purchase shares of our common stock is subject to various laws, regulations and policies as well as the rules and
regulations of the Securities and Exchange Commission (the “SEC”).
−Removed: Subsequent to June 27, 2021, the Company has not repurchased any outstanding shares but may make further purchases under the 2007 Stock Purchase Plan.
−Removed: The Company may also purchase
−Removed: shares of our common stock other than pursuant to the 2007 Stock Purchase Plan or other publicly announced plans or programs.
+Added: Subsequent to June 26, 2022, the Company has repurchased 1,110,891 outstanding shares for $1.4 million and may make further purchases under the 2007 Stock Purchase Plan.
+Added: Company may also purchase shares of our common stock other than pursuant to the 2007 Stock Purchase Plan or other publicly announced plans or programs.
Equity Compensation Plan Information
15 unchanged sentences
Stock option compensation plans not approved by security holders
+Added: Securities remaining available for future issuance under the 2015 Long Term Incentive Program are net of a maximum of 1,328,531 shares of common stock issuable pursuant to outstanding restricted stock units, subject to applicable vesting
+Added: requirements and performance criteria.
+Added: See Note I to the audited consolidated financial statements included in this report.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.