0001628280-20-009459.txt : 20200615
0001628280-20-009459.hdr.sgml : 20200615
20200615191924
ACCESSION NUMBER: 0001628280-20-009459
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200614
FILED AS OF DATE: 20200615
DATE AS OF CHANGE: 20200615
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Avedissian Nancy T
CENTRAL INDEX KEY: 0001688627
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09232
FILM NUMBER: 20964585
MAIL ADDRESS:
STREET 1: C/O VOLT INFORMATION SCIENCES, INC.
STREET 2: 2401 N. GLASSELL ST.
CITY: ORANGE
STATE: CA
ZIP: 92865
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: VOLT INFORMATION SCIENCES, INC.
CENTRAL INDEX KEY: 0000103872
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HELP SUPPLY SERVICES [7363]
IRS NUMBER: 135658129
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1101
BUSINESS ADDRESS:
STREET 1: 50 CHARLES LINDBERGH BLVD
STREET 2: SUITE 206
CITY: UNIONDALE
STATE: NY
ZIP: 11553
BUSINESS PHONE: 516-228-6770
MAIL ADDRESS:
STREET 1: 50 CHARLES LINDBERGH BLVD
STREET 2: SUITE 206
CITY: UNIONDALE
STATE: NY
ZIP: 11553
FORMER COMPANY:
FORMER CONFORMED NAME: VOLT INFORMATION SCIENCES INC
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: VOLT TECHNICAL CORP
DATE OF NAME CHANGE: 19680913
4
1
wf-form4_159226314695946.xml
FORM 4
X0306
4
2020-06-14
0
0000103872
VOLT INFORMATION SCIENCES, INC.
VOLT
0001688627
Avedissian Nancy T
C/O VOLT INFORMATION SCIENCES, INC.
2401 N. GLASSELL ST.
ORANGE
CA
92865
0
1
0
0
SVP/Chief Legal Ofcer/CorpSec
Common Stock
2020-06-14
4
M
0
4098
A
45813
D
Common Stock
2020-06-14
4
M
0
11719
A
57532
D
Common Stock
2020-06-14
4
A
0
12960
A
70492
D
Common Stock
2020-06-14
4
M
0
8641
A
79133
D
Common Stock
2020-06-14
4
F
0
10312
0.95
D
68821
D
Restricted Stock Unit
2020-06-14
4
M
0
4098
0
D
Common Stock
4098.0
0
D
Restricted Stock Unit
2020-06-14
4
M
0
11719
0
D
Common Stock
11719.0
11718
D
Restricted Stock Unit
2020-06-14
4
M
0
8641
0
D
Common Stock
8641.0
17281
D
On June 14, 2017, the reporting person was granted 12,295 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 grant date.
On June 14, 2018, the reporting person was granted 35,156 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, subject to a cap on the value received. The restricted stock units will vest ratably on each of the first three anniversaries of the grant date.
On June 14, 2019, the reporting person was granted 25,921 performance stock units. The performance units are eligible to vest 1/3 in each of the three years following the grant date based on the Company's achievement of certain financial performance goals measured over the applicable fiscal year performance period. At the maximum level of achievement, up to 150% of the units granted are eligible to vest. Each performance stock unit represents a contingent right to receive one share of the registrant's common stock.
On June 14, 2019, the reporting person was granted 25,922 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.
Represents the number of shares of common stock withheld by the issuer to satisfy the tax withholding obligations of the reporting person in connection with the vesting of 20,360 restricted stock units reported in Table II below and 12,960 performance stock units reported in Table I.
Restricted stock units convert into common stock on a one-for-one basis.
/s/ Nancy T. Avedissian
2020-06-15