0001628280-20-009478.txt : 20200616
0001628280-20-009478.hdr.sgml : 20200616
20200616111213
ACCESSION NUMBER: 0001628280-20-009478
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200614
FILED AS OF DATE: 20200616
DATE AS OF CHANGE: 20200616
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Naujokas Leonard Frank
CENTRAL INDEX KEY: 0001696904
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09232
FILM NUMBER: 20965426
MAIL ADDRESS:
STREET 1: C/O VOLT INFORMATION SCIENCES, INC.
STREET 2: 50 CHARLES LINDBERG BLVD. SUITE 206
CITY: UNIONDALE
STATE: NY
ZIP: 11553
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_159232031484277.xml
FORM 4
X0306
4
2020-06-14
0
0000103872
VOLT INFORMATION SCIENCES, INC.
VOLT
0001696904
Naujokas Leonard Frank
C/O VOLT INFORMATION SCIENCES, INC.
2401 N. GLASSELL ST.
ORANGE
CA
92865
0
1
0
0
Controller & CAO
Common Stock
2020-06-14
4
M
0
1640
A
11791
D
Common Stock
2020-06-14
4
D
0
1640
0.95
D
10151
D
Common Stock
2020-06-14
4
M
0
1563
A
11714
D
Common Stock
2020-06-14
4
A
0
3456
A
15170
D
Common Stock
2020-06-14
4
M
0
2304
A
17474
D
Phantom Stock
2020-06-14
4
M
0
1640
0
D
Common Stock
1640.0
0
D
Restricted Stock Unit
2020-06-14
4
M
0
1563
0
D
Common Stock
1563.0
1562
D
Restricted Stock Unit
2020-06-14
4
M
0
2304
0
D
Common Stock
2304.0
4609
D
Each phantom unit is the economic equivalent of one share of the registrant's common stock.
On June 14, 2018, the reporting person was granted 4,688 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 vest ratably on each of the first three anniversaries of the grant date.
On June 14, 2019, the reporting person was granted 6,912 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 6,913 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, 2017, the reporting person was granted 4,918 phantom units payable in cash. The phantom units vest ratably on each of the first three anniversaries of the grant date.
Restricted stock units convert into common stock on a one-for-one basis.
/s/ Nancy T. Avedissian, Attorney-in-Fact
2020-06-16