PERNEAU LINDA 4
4 · VOLT INFORMATION SCIENCES, INC. · Filed Dec 8, 2020
Insider Transaction Report
Form 4
PERNEAU LINDA
President - VWS
Transactions
- Exercise/Conversion
Common Stock
2020-12-04+9,485→ 221,808 total - Exercise/Conversion
Restricted Stock Unit
2020-12-04−9,485→ 0 total→ Common Stock (9,485 underlying) - Tax Payment
Common Stock
2020-12-04$2.20/sh−2,310$5,082→ 219,498 total
Footnotes (3)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]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 9,485 restricted stock units reported in Table II below.
- [F3]On March 1, 2018, the reporting person was granted 28,455 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 December 4, 2017.