Schultz Lori 4
4 · VOLT INFORMATION SCIENCES, INC. · Filed Jun 17, 2021
Insider Transaction Report
Form 4
Schultz Lori
Chief Global Solutions Officer
Transactions
- Exercise/Conversion
Common Stock
2021-06-15+18,181→ 59,548 total - Tax Payment
Common Stock
2021-06-15$4.19/sh−5,627$23,577→ 53,921 total - Award
Restricted Stock Unit
2021-06-15+23,866→ 23,866 total→ Common Stock (23,866 underlying) - Exercise/Conversion
Restricted Stock Unit
2021-06-15−18,181→ 36,364 total→ Common Stock (18,181 underlying)
Footnotes (4)
- [F1]On June 15, 2020, the reporting person was granted 54,545 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]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 18,181 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 23,866 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.