4//SEC Filing
Avedissian Nancy T 4
Accession 0001628280-20-009459
CIK 0000103872other
Filed
Jun 14, 8:00 PM ET
Accepted
Jun 15, 7:19 PM ET
Size
18.3 KB
Accession
0001628280-20-009459
Insider Transaction Report
Form 4
Avedissian Nancy T
SVP/General Counsel/Corp Sec.
Transactions
- Exercise/Conversion
Common Stock
2020-06-14+4,098→ 45,813 total - Exercise/Conversion
Restricted Stock Unit
2020-06-14−4,098→ 0 total→ Common Stock (4,098 underlying) - Tax Payment
Common Stock
2020-06-14$0.95/sh−10,312$9,796→ 68,821 total - Exercise/Conversion
Restricted Stock Unit
2020-06-14−11,719→ 11,718 total→ Common Stock (11,719 underlying) - Exercise/Conversion
Restricted Stock Unit
2020-06-14−8,641→ 17,281 total→ Common Stock (8,641 underlying) - Award
Common Stock
2020-06-14+12,960→ 70,492 total - Exercise/Conversion
Common Stock
2020-06-14+8,641→ 79,133 total - Exercise/Conversion
Common Stock
2020-06-14+11,719→ 57,532 total
Footnotes (6)
- [F1]On June 14, 2017, the reporting person was granted 12,295 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.
- [F2]On June 14, 2018, the reporting person was granted 35,156 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 the value received. The restricted stock units will vest ratably on each of the first three anniversaries of the grant date.
- [F3]On June 14, 2019, the reporting person was granted 25,921 performance stock units. The performance units are eligible to vest 1/3 in each of the three years following the grant date based on the Company's achievement of certain financial performance goals measured over the applicable fiscal year performance period. At the maximum level of achievement, up to 150% of the units granted are eligible to vest. Each performance stock unit represents a contingent right to receive one share of the registrant's common stock.
- [F4]On June 14, 2019, the reporting person was granted 25,922 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.
- [F5]Represents the number of shares of common stock withheld by the issuer to satisfy the tax withholding obligations of the reporting person in connection with the vesting of 20,360 restricted stock units reported in Table II below and 12,960 performance stock units reported in Table I.
- [F6]Restricted stock units convert into common stock on a one-for-one basis.
Documents
Issuer
VOLT INFORMATION SCIENCES, INC.
CIK 0000103872
Entity typeother
Related Parties
1- filerCIK 0001688627
Filing Metadata
- Form type
- 4
- Filed
- Jun 14, 8:00 PM ET
- Accepted
- Jun 15, 7:19 PM ET
- Size
- 18.3 KB