4//SEC Filing
VOLT INFORMATION SCIENCES, INC. 4
Accession 0000910680-07-001171
CIK 0000103872operating
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 6:03 PM ET
Size
13.0 KB
Accession
0000910680-07-001171
Insider Transaction Report
Form 4
GUARINO LUDWIG M
SENIOR V.P. & TREASURER
Transactions
- Award
Employee Stock Option (Right to Buy)
2007-12-18+3,000→ 3,000 totalExercise: $13.32Exp: 2017-12-17→ Common Stock, $.10 par value (3,000 underlying) - Award
Restricted Stock Units
2007-12-18+5,250→ 5,250 totalExercise: $0.00→ Common Stock, $.10 par value (5,250 underlying)
Holdings
- 450
Common stock, $0.10 par value
- 2,078.72(indirect: By ESOP)
Common stock, $0.10 par value
- 4(indirect: As Custodian)
Common stock, $0.10 par value
- 6,000
Employee Stock Option (Right to Buy)
Exercise: $19.65Exp: 2014-07-30→ Common Stock, $.10 par value (6,000 underlying)
Footnotes (7)
- [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]The filing of this statement shall not be construed as an admission that the undersigned is, for the purposes of Section 16 of the Securities Exchange Act of 1934, or otherwise, the beneficial owner of these securities
- [F3]Shares held by the undersigned under the New York Uniform Transfers to Minors Act for the benefit of a daughter of the undersigned.
- [F4]Exercisable as to 20% per year commencing 07/30/05, on a cumulative basis.
- [F5]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.
- [F6]Each restricted stock unit represents the right to one share of common stock.
- [F7]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.
Documents
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, 6:03 PM ET
- Size
- 13.0 KB