4//SEC Filing
PERNEAU LINDA 4
Accession 0001628280-21-012309
CIK 0000103872other
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 12:25 PM ET
Size
14.5 KB
Accession
0001628280-21-012309
Insider Transaction Report
Form 4
PERNEAU LINDA
President - VWS
Transactions
- Exercise/Conversion
Common Stock
2021-06-14+49,923→ 298,276 total - Award
Common Stock
2021-06-14+40,935→ 339,211 total - Exercise/Conversion
Common Stock
2021-06-14+28,855→ 248,353 total - Tax Payment
Common Stock
2021-06-14$4.06/sh−29,150$118,349→ 310,061 total - Exercise/Conversion
Restricted Stock Unit
2021-06-14−28,855→ 0 total→ Common Stock (28,855 underlying) - Exercise/Conversion
Restricted Stock Unit
2021-06-14−49,923→ 49,924 total→ Common Stock (49,923 underlying)
Footnotes (5)
- [F1]On June 14, 2018, the reporting person was granted 86,563 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.
- [F2]On June 14, 2019, the reporting person was granted 149,770 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, 2019, the reporting person was granted 149,769 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]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 78,778 restricted stock units reported in Table II below and 40,935 performance stock units reported in Table I.
- [F5]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 0001734786
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 12:25 PM ET
- Size
- 14.5 KB