VOLT INFORMATION SCIENCES, INC. 4
4 · VOLT INFORMATION SCIENCES, INC. · Filed Jun 15, 2016
Insider Transaction Report
Form 4
Dean Michael D.
DirectorPresident & CEO
Transactions
- Award
Stock Option (option to buy)
2016-06-13+439,681→ 439,681 totalExercise: $6.06Exp: 2026-06-13→ Common Stock (439,681 underlying) - Award
Restricted Stock Unit
2016-06-13+88,009→ 88,009 total→ Common Stock (88,009 underlying)
Footnotes (2)
- [F1]On June 13, 2016, the reporting person was granted 88,009 restricted stock units. 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 the grant date.
- [F2]On June 13, 2016, the reporting person was granted 439,681 options to purchase shares of the registrant's common stock. The stock options will vest ratably on each of the first three anniversaries of the grant date.