SEC Form 4 · accession 0001628280-17-010635
VOLT INFORMATION SCIENCES, INC. · VISI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nancy T Avedissian
Officer — SVP/General Counsel/Corp Sec.
Period of report
Nov 1, 2017
Accepted (ET)
Nov 2, 2017 · 2:01 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 | Nov 1, 2017 | M | 2,476 | $0.00 | A | 2,476 | 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,F2 | — | Nov 1, 2017 | M | 2,476 | D | — | — | Common Stock | 2,476 | 4,953 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On November 1, 2016, the reporting person was granted 7,429 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 vest ratably on each of the first three anniversaries of the initial grant date.