Avedissian Nancy T 4
4 · VOLT INFORMATION SCIENCES, INC. · Filed Jun 16, 2021
Insider Transaction Report
Form 4
Avedissian Nancy T
SVP/General Counsel/Corp Sec.
Transactions
- Exercise/Conversion
Restricted Stock Unit
2021-06-15−29,091→ 58,182 total→ Common Stock (29,091 underlying) - Tax Payment
Common Stock
2021-06-15$4.19/sh−9,004$37,727→ 107,857 total - Award
Restricted Stock Unit
2021-06-15+40,095→ 40,095 total→ Common Stock (40,095 underlying) - Exercise/Conversion
Common Stock
2021-06-15+29,091→ 116,861 total
Footnotes (4)
- [F1]On June 15, 2020, the reporting person was granted 87,273 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.
- [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 29,091 restricted stock units reported in Table II below.
- [F3]Restricted stock units convert into common stock on a one-for-one basis.
- [F4]On June 15, 2021, the reporting person was granted 40,095 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.