4//SEC Filing
Naujokas Leonard Frank 4
Accession 0001628280-20-009478
CIK 0000103872other
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 11:12 AM ET
Size
17.9 KB
Accession
0001628280-20-009478
Insider Transaction Report
Form 4
Naujokas Leonard Frank
Controller & CAO
Transactions
- Disposition to Issuer
Common Stock
2020-06-14$0.95/sh−1,640$1,558→ 10,151 total - Exercise/Conversion
Common Stock
2020-06-14+1,563→ 11,714 total - Exercise/Conversion
Restricted Stock Unit
2020-06-14−1,563→ 1,562 total→ Common Stock (1,563 underlying) - Exercise/Conversion
Common Stock
2020-06-14+1,640→ 11,791 total - Award
Common Stock
2020-06-14+3,456→ 15,170 total - Exercise/Conversion
Phantom Stock
2020-06-14−1,640→ 0 total→ Common Stock (1,640 underlying) - Exercise/Conversion
Restricted Stock Unit
2020-06-14−2,304→ 4,609 total→ Common Stock (2,304 underlying) - Exercise/Conversion
Common Stock
2020-06-14+2,304→ 17,474 total
Footnotes (6)
- [F1]Each phantom unit is the economic equivalent of one share of the registrant's common stock.
- [F2]On June 14, 2018, the reporting person was granted 4,688 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 vest ratably on each of the first three anniversaries of the grant date.
- [F3]On June 14, 2019, the reporting person was granted 6,912 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 6,913 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.
- [F5]On June 14, 2017, the reporting person was granted 4,918 phantom units payable in cash. The phantom units vest ratably on each of the first three anniversaries of the grant date.
- [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 0001696904
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 11:12 AM ET
- Size
- 17.9 KB