SEC Form 4 · accession 0000899243-17-007525
VOLT INFORMATION SCIENCES, INC. · VISI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Tomkins
Officer — Chief Financial Officer
Period of report
Mar 13, 2017
Accepted (ET)
Mar 14, 2017 · 9:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000103872
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 13, 2017 | M | 3,086 | — | A | 6,386 | D | |
| Common StockF2 | Mar 13, 2017 | F | 1,305 | $7.20 | D | 5,081 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F3 | — | Mar 13, 2017 | M | 3,086 | D | — | — | Common Stock | 3,086 | 6,173 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2Represents the number of shares of common stock withheld by the issuer in connection with the tax net settlement of 3,086 restricted stock units.
- F3On March 11, 2016, the reporting person was granted 9,259 restricted stock units, vesting in three equal installments on each of the first three anniversaries of March 11, 2016.