Home/Filings/4/0000910680-07-001163
4//SEC Filing

VOLT INFORMATION SCIENCES, INC. 4

Accession 0000910680-07-001163

CIK 0000103872operating

Filed

Dec 19, 7:00 PM ET

Accepted

Dec 20, 5:59 PM ET

Size

11.1 KB

Accession

0000910680-07-001163

Insider Transaction Report

Form 4
Period: 2007-12-18
DALEY THOMAS
SENIOR VICE PRESIDENT
Transactions
  • Award

    Employee Stock Option (Right to Buy)

    2007-12-18+3,0003,000 total
    Exercise: $13.32Exp: 2017-12-17Common Stock, $.10 par value (3,000 underlying)
  • Award

    Restricted Stock Units

    2007-12-18+6,0006,000 total
    Exercise: $0.00Common Stock, $.10 par value (6,000 underlying)
Holdings
  • Common stock, $0.10 par value

    (indirect: By ESOP)
    1,840.35
  • Employee Stock Option (Right to Buy)

    Exercise: $12.35Exp: 2013-09-04Common Stock, $.10 par value (3,000 underlying)
    3,000
Footnotes (5)
  • [F1]Held in the undersigned's account in the Company's Employee Stock Ownership Plan as of October 31, 2007, the latest date as of which information is available.
  • [F2]Exercisable as to 20% per year commencing 09/05/04, on a cumulative basis.
  • [F3]Options may be "earned" subject to the Company's achievement of certain performance goals measured at the end of the Company's 2012 fiscal year (i.e., the end of the fiscal year beginning on the Sunday nearest October 31, 2012). Such options, to the extent so "earned," will vest in four equal annual installments on the 15th day of the third month of each of the Company's fiscal years 2013, 2014, 2015 and 2016.
  • [F4]Each restricted stock unit represents the right to one share of common stock.
  • [F5]Each share of common stock represented by a restricted stock unit may be "earned" subject to the Company's achievement of certain performance goals measured at the end of the Company's 2011 fiscal year (i.e., the end of the fiscal year beginning on the Sunday nearest October 31, 2011). Such shares, to the extent so "earned," will vest in five equal annual installments on the 15th day of the third month of each of the Company's fiscal years 2012, 2013, 2014, 2015 and 2016.

Issuer

VOLT INFORMATION SCIENCES, INC.

CIK 0000103872

Entity typeoperating
IncorporatedNY

Related Parties

1
  • filerCIK 0000103872

Filing Metadata

Form type
4
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 5:59 PM ET
Size
11.1 KB