SEC Form 4 · accession 0001628280-18-007858
VOLT INFORMATION SCIENCES, INC. · VISI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Tomkins
Officer — SVP & Chief Financial Officer
Period of report
Jun 13, 2018
Accepted (ET)
Jun 14, 2018 · 1:39 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 | Jun 13, 2018 | M | 3,208 | $0.00 | A | 14,585 | D | |
| Common StockF1 | Jun 14, 2018 | M | 6,831 | $0.00 | A | 21,416 | 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 | — | Jun 13, 2018 | M | 3,208 | D | — | — | Common Stock | 3,208 | 3,209 | D |
| Restricted Stock UnitF1,F3 | — | Jun 14, 2018 | M | 6,831 | D | — | — | Common Stock | 6,831 | 13,661 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On 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.
- F3On June 14, 2017, the reporting person was granted 20,492 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.