Tomkins Paul 4
4 · VOLT INFORMATION SCIENCES, INC. · Filed Jun 18, 2018
Insider Transaction Report
Form 4
Tomkins Paul
SVP & Chief Financial Officer
Transactions
- Award
Restricted Stock Unit
2018-06-14+58,594→ 58,594 total→ Common Stock (58,594 underlying) - Award
Performance Unit
2018-06-14+56,056→ 56,056 total→ Common Stock (56,056 underlying)
Footnotes (2)
- [F1]On June 14, 2018, the reporting person was granted 58,594 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, subject to a cap on any cash value received. The restricted stock units will vest ratably on each of the first three anniversaries of the grant date.
- [F2]On June 14, 2018, the reporting person was granted 56,056 performance units. The performance units are eligible to vest and be settled 1/3 each year following the grant date based on certain stock price performance goals measured over the applicable performance period. At maximum level of achievement of the applicable stock price performance goal, up to 200% of the units granted are eligible to vest. Each performance unit represents a contingent right to receive one share of the registrant's common stock or the cash value thereof, subject to a cap on any cash value received.