SEC Form 4 · accession 0001104659-16-127458
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
Jun 13, 2016
Accepted (ET)
Jun 15, 2016 · 7:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000103872
Table I — non-derivative securities
No Table I lines on this filing.
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 | — | Jun 13, 2016 | A | 9,626 | A | — | — | Common Stock | 9,626 | 9,626 | D |
| Stock Option (right to buy)F2 | $6.06 | Jun 13, 2016 | A | 48,090 | A | — | Jun 13, 2026 | Common Stock | 48,090 | 48,090 | D |
Explanation of responses
- F1On June 13, 2016, the reporting person was granted 9,626 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. The restricted stock units will vest ratably on each of the first three anniversaries of the grant date.
- F2On June 13, 2016, the reporting person was granted 48,090 options to purchase shares of the registrant's common stock. The stock options will vest ratably on each of the first three anniversaries of the grant date.