Brown Celia 4
4 · VOLT INFORMATION SCIENCES, INC. · Filed Apr 26, 2022
Insider Transaction Report
Form 4
Brown Celia
Director
Transactions
- Disposition from Tender
Common Stock
2022-04-22−69,035→ 0 total(indirect: By Trust) - Disposition from Tender
Common Stock
2022-04-22−17,281→ 0 total - Disposition to Issuer
Restricted Stock Unit
2022-04-25−21,480→ 0 total→ Common Stock (21,480 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of March 12, 2022 (the "Merger Agreement"), by and among Vega Consulting, Inc., a Delaware corporation ("Parent"), Vega MergerCo, Inc., a New York corporation and wholly owned subsidiary of Parent, and Volt Information Sciences, Inc., a New York corporation (the "Company"), in exchange for $6.00 per share upon the consummation of the transactions contemplated by the Merger Agreement (the "Merger") or in the related preceding tender offer (the "Tender Offer") at the same price. The Tender Offer expired on April 22, 2022, and the Merger closed on April 25, 2022.
- [F2]Upon consummation of the Merger, each time-based restricted stock unit was cancelled in exchange for a cash payment equal to $6.00.