SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
GOODMAN BRUCE G

(Last) (First) (Middle)
SHEPHERD KAPLAN LLC
125 SUMMER STREET

(Street)
BOSTON MA 02110

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VOLT INFORMATION SCIENCES, INC. [ VOL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/21/2008
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $0.10 par value 19,244(1) D
Common Stock, $0.10 par value 31,154 I As Co-Trustee(2)(3)
Common Stock, $0.10 par value 10/21/2008 J 1,000,000(4) D $0 247,532 I By Spouse as Co-Executrix(2)(5)
Common Stock, $0.10 par value 10/21/2008 J 500,000 A $0 1,295,794 I By Spouse(2)(6)
Common Stock, $0.10 par value 492,997 I By Spouse as Co-Trustee(2)(7)
Common Stock, $0.10 par value 492,997 I By Spouse as Co-Trustee(2)(8)
Common Stock, $0.10 par value 1,500 I As Trustee(2)(9)
Common Stock, $0.10 par value 5,749 I By Spouse as director(2)(10)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Includes 500 restricted shares as to which the restrictions generally lapse one-third each year.
2. The filing of this statement shall not be construed as an admission that the reporting person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of these securities.
3. Held by the reporting person as co-trustee of trusts for the benefit of his children. Linda Shaw, the reporting person's spouse, and Deborah Shaw, the reporting person's sister-in-law, are also co-trustees of these trusts.
4. The Estate of William Shaw distributed 1,000,000 shares on October 21, 2008. Of such shares, 500,000 shares were distributed to a trust for the benefit of Linda Shaw, the reporting person's spouse, of which Linda Shaw is the sole trustee, and 500,000 shares were distributed to a trust for the benefit of Deborah Shaw, the reporting person's sister-in-law, of which Deborah Shaw is the sole trustee.
5. Held by the reporting person's spouse as co-executrix of the Estate of William Shaw; of such shares, 123,766 shares are ultimately to be distributed to the reporting person's spouse or to members of the spouse's family.
6. Includes 1,000,000 shares held in two trusts for the benefit of Linda Shaw, the reporting person's spouse, of which Linda Shaw is the sole trustee.
7. Held by the reporting person's spouse as co-trustee of a trust for her benefit.
8. Held by Linda Shaw, the reporting person's spouse, as co-trustee of a trust for the benefit of her sister, Deborah Shaw. Deborah Shaw and Linda Shaw are both daughters of William Shaw.
9. Held by the reporting person as trustee of an irrevocable trust for the benefit of his children.
10. Held by the reporting person's spouse as a director of the William and Jacqueline Shaw Family Foundation, Inc.
/s/ Bruce Goodman 10/23/2008
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.