VOLT INFORMATION SCIENCES, INC. 4
4 · VOLT INFORMATION SCIENCES, INC. · Filed Jun 15, 2017
Insider Transaction Report
Form 4
Dean Michael D.
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
2017-06-13+29,336→ 139,662 total - Award
Stock Option (right to buy)
2017-06-14+424,710→ 424,710 totalExercise: $4.35Exp: 2027-06-14→ Common Stock (424,710 underlying) - Exercise/Conversion
Restricted Stock Unit
2017-06-13−29,336→ 58,673 total→ Common Stock (29,336 underlying) - Award
Restricted Stock Unit
2017-06-14+87,432→ 87,432 total→ Common Stock (87,432 underlying)
Footnotes (4)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]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. The restricted stock units vest ratably on each of the first three anniversaries of the grant date.
- [F3]On June 14, 2017, the reporting person was granted 424,710 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.
- [F4]On June 14, 2017, the reporting person was granted 87,432 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock. The restricted stock units will vest ratably on each of the first three anniversaries of the grant date.