Home/Filings/4/0000910680-09-000177
4//SEC Filing

GUARINO LUDWIG M 4

Accession 0000910680-09-000177

CIK 0000103872other

Filed

Apr 14, 8:00 PM ET

Accepted

Apr 15, 8:53 PM ET

Size

13.6 KB

Accession

0000910680-09-000177

Insider Transaction Report

Form 4
Period: 2009-04-07
GUARINO LUDWIG M
SENIOR V.P. & TREASURER
Transactions
  • Award

    Employee Stock Option (Right to Buy)

    2009-04-07+8,0008,000 total
    Exercise: $6.39Exp: 2019-04-06Common Stock, $.10 par value (8,000 underlying)
Holdings
  • Common stock, $0.10 par value

    (indirect: By ESOP)
    2,078.72
  • Common stock, $0.10 par value

    (indirect: As Custodian)
    4
  • Employee Stock Option (Right to Buy)

    Exercise: $19.65Exp: 2014-07-30Common Stock, $.10 par value (6,000 underlying)
    6,000
  • Employee Stock Option (Right to Buy)

    Exercise: $13.32Exp: 2017-12-17Common Stock, $.10 par value (3,000 underlying)
    3,000
  • Restricted Stock Units

    Exercise: $0.00Common Stock, $.10 par value (5,250 underlying)
    5,250
  • Common stock, $0.10 par value

    450
Footnotes (8)
  • [F1]Held in the undersigned's account in the Company's Employee Stock Ownership Plan as of the date hereof.
  • [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.
  • [F8]The option is exercisable in 20% annual increments over a 5 year period, with the initial increment being exercisable 1 year after the date of the grant.

Issuer

VOLT INFORMATION SCIENCES, INC.

CIK 0000103872

Entity typeother

Related Parties

1
  • filerCIK 0001226440

Filing Metadata

Form type
4
Filed
Apr 14, 8:00 PM ET
Accepted
Apr 15, 8:53 PM ET
Size
13.6 KB