0001628280-18-007998.txt : 20180618
0001628280-18-007998.hdr.sgml : 20180618
20180618190850
ACCESSION NUMBER: 0001628280-18-007998
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180614
FILED AS OF DATE: 20180618
DATE AS OF CHANGE: 20180618
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: 18905784
MAIL ADDRESS:
STREET 1: 1133 AVENUE OF THE AMERICAS
STREET 2: 15TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10036
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: 1133 AVENUE OF THE AMERICAS
CITY: NEW YORK
STATE: NY
ZIP: 10036
BUSINESS PHONE: 212-704-2400
MAIL ADDRESS:
STREET 1: 1133 AVENUE OF THE AMERICAS
CITY: NEW YORK
STATE: NY
ZIP: 10036
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_152936331114351.xml
FORM 4
X0306
4
2018-06-14
0
0000103872
VOLT INFORMATION SCIENCES, INC.
VISI
0001696904
Naujokas Leonard Frank
C/O VOLT INFORMATION SCIENCES, INC.
1133 AVENUE OF THE AMERICAS, 15TH FL
NEW YORK
NY
10036
0
1
0
0
Controller & CAO
Common Stock
2018-06-14
4
M
0
1639
A
1639
D
Common Stock
2018-06-14
4
D
0
1639
3.70
D
0
D
Phantom Stock
2018-06-14
4
M
0
1639
0
D
Common Stock
1639.0
3279
D
Performance Unit
2018-06-14
4
A
0
4485
0
A
Common Stock
4485.0
4485
D
Restricted Stock Unit
2018-06-14
4
A
0
4688
0
A
Common Stock
4688.0
4688
D
Each phantom unit is the economic equivalent of one share of the registrant's common stock.
On June 14, 2017, the reporting person was granted 4,918 phantom stocks payable in cash. The phantom stocks vest ratably on each of the first three anniversaries of the grant date.
On June 14, 2018, the reporting person was granted 4,485 performance units. The performance units are eligible to vest and be settled 1/3 each year following the grant date based on certain stock price performance goals measured over the applicable performance period. At maximum level of achievement of the applicable stock price performance goal, up to 200% of the units granted are eligible to vest. Each performance 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 any cash value received.
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 any cash value received. The restricted stock units will vest ratably on each of the first three anniversaries of the grant date.
/s/ Nancy T. Avedissian, Attorney-in-Fact
2018-06-18