4//SEC Filing
VOLT INFORMATION SCIENCES, INC. 4
Accession 0001104659-16-126925
CIK 0000103872operating
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 7:14 PM ET
Size
8.6 KB
Accession
0001104659-16-126925
Insider Transaction Report
Form 4
Dean Michael D.
DirectorPresident & CEO
Transactions
- Award
Stock Option (right to buy)
2016-06-09+182,050→ 182,050 totalExercise: $8.33Exp: 2025-10-19→ Common Stock (182,050 underlying) - Award
Restricted Stock Unit
2016-06-09+40,016→ 40,016 total→ Common Stock (40,016 underlying)
Footnotes (3)
- [F1]On October 19, 2015, the registrant's board of directors approved a grant of (i) 182,050 options to purchase shares of the registrant's common stock and (ii) 40,016 restricted stock units, in each case, subject to shareholder approval of the registrant's 2015 Equity Incentive Plan (the "Plan"). The registrant's shareholders approved the Plan on June 9, 2016.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock or the cash value thereof. The restricted stock units will vest ratably on each of the first three anniversaries of October 19, 2015, subject to the reporting person's continued employment with the registrant on each applicable vesting date, to be settled within ten days following the applicable vesting date.
- [F3]The stock options will vest ratably on each of the first three anniversaries of October 19, 2015, subject to the reporting person's continued employment with the registrant on each applicable vesting date.
Documents
Issuer
VOLT INFORMATION SCIENCES, INC.
CIK 0000103872
Entity typeoperating
IncorporatedNY
Related Parties
1- filerCIK 0000103872
Filing Metadata
- Form type
- 4
- Filed
- Jun 12, 8:00 PM ET
- Accepted
- Jun 13, 7:14 PM ET
- Size
- 8.6 KB