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)
11/07/2008
4. If Amendment, Date of Original Filed (Month/Day/Year)
01/03/2008
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 D(1)
Common Stock, $0.10 par value 31,154 I As Co-Trustee(2)(3)
Common Stock, $0.10 par value 247,532 I By Spouse as Co-Executrix(2)(4)
Common Stock, $0.10 par value 11/07/2008 J 492,997(5) A $0 1,788,791 I By Spouse(2)(6)
Common Stock, $0.10 par value 11/07/2008 J 492,997(7) D $0 0 I By Spouse as Co-Trustee(2)(8)
Common Stock, $0.10 par value 11/07/2008 J 492,999(9) D $0 0 I By Spouse as Co-Trustee(2)(10)
Common Stock, $0.10 par value 1,500 I As Trustee(2)(11)
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 and the sister of Linda Shaw, are also co-trustees of these trusts.
4. 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 Linda Shaw or to members of her family. Linda Shaw and Deborah Shaw are the daughters of William Shaw.
5. Represents shares acquired by Linda Shaw as a result of the liquidation of a trust for her benefit.
6. Includes 1,492,997 shares held in three trusts for the benefit of Linda Shaw of which Linda Shaw is the sole trustee.
7. Represents shares distributed to Linda Shaw as a result of the liquidation of a trust for her benefit.
8. Prior to the liquidation referred to in footnote (7), these shares were held by Linda Shaw as co-trustee of a trust for her benefit.
9. Represents shares distributed to Deborah Shaw as a result of the liquidation of a trust for her benefit. Due to a clerical error, beginning January 3, 2008 previous Form 4's omitted two (2) shares in reporting the number of shares held in this trust. The correct number of shares was 492,999 whereas the reported amount was 492,997.
10. Held by the reporting person as trustee of an irrevocable trust for the benefit of his children.
11. Held by Linda Shaw as a director of the William and Jacqueline Shaw Family Foundation, Inc.
/s/ Bruce Goodman 11/11/2008
** 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.