SEC Form 4 · accession 0001628280-17-006502
VOLT INFORMATION SCIENCES, INC. · VISI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leonard Frank Naujokas
Officer — Controller & CAO
Period of report
Jun 14, 2017
Accepted (ET)
Jun 15, 2017 · 6:55 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2 | — | Jun 14, 2017 | A | 4,918 | A | — | — | Common Stock | 4,918 | 4,918 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share of the registrant's common stock.
- F2On June 14, 2017, the reporting person was granted 4,918 phantom stocks payable in cash. The phantom stocks will vest ratably on each of the first three anniversaries of the grant date.