SEC Form 4 · accession 0001628280-18-013546
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, 2018
Accepted (ET)
Nov 5, 2018 · 9:47 am EST
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, 2018 | M | 2,477 | $0.00 | A | 9,051 | 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, 2018 | M | 2,477 | D | — | — | Common Stock | 2,477 | 2,476 | 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 or the cash value thereof. The restricted stock units will vest ratably on each of the first three anniversaries of the grant date.