SEC Form 4 · accession 0001628280-17-006501
VOLT INFORMATION SCIENCES, INC. · VISI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ann R Hollins
Officer — SVP & CHRO
Period of report
Jun 14, 2017
Accepted (ET)
Jun 15, 2017 · 6:54 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 14, 2017 | A | 12,295 | A | — | — | Common Stock | 12,295 | 12,295 | D |
| Stock Option (right to buy)F2 | $4.35 | Jun 14, 2017 | A | 59,725 | A | — | Jun 14, 2027 | Common Stock | 59,725 | 59,725 | D |
Explanation of responses
- F1On June 14, 2017, the reporting person was granted 12,295 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.
- F2On June 14, 2017, the reporting person was granted 59,725 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.