0001628280-19-008091.txt : 20190618 0001628280-19-008091.hdr.sgml : 20190618 20190618172347 ACCESSION NUMBER: 0001628280-19-008091 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190614 FILED AS OF DATE: 20190618 DATE AS OF CHANGE: 20190618 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PERNEAU LINDA CENTRAL INDEX KEY: 0001734786 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-09232 FILM NUMBER: 19904464 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: 1103 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_156089301176546.xml FORM 4 X0306 4 2019-06-14 0 0000103872 VOLT INFORMATION SCIENCES, INC. VISI 0001734786 PERNEAU LINDA C/O VOLT INFORMATION SCIENCES, INC. 2401 N. GLASSELL ST. ORANGE CA 92865 1 1 0 0 President and CEO Common Stock 2019-06-14 4 M 0 28854 A 43964 D Common Stock 2019-06-14 4 F 0 7026 4.32 D 36938 D Common Stock 2019-06-14 4 M 0 27605 A 64543 D Common Stock 2019-06-14 4 A 0 17904 4.32 A 82447 D Common Stock 2019-06-14 4 F 0 11081 4.32 D 71366 D Restricted Stock Unit 2019-06-14 4 M 0 28854 0 D Common Stock 28854.0 57709 D Performance Unit 2019-06-14 4 M 0 27605 0 D Common Stock 27605.0 55209 D Restricted Stock Unit 2019-06-14 4 A 0 149770 0 A Common Stock 149770.0 149770 D Restricted stock units convert into common stock on a one-for-one basis. 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 28,854 restricted stock units reported in Table II below. Performance units convert into common stock on a one-for-one basis. 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 27,605 restricted stock units reported in Table II below and award of 17,904 shares of common stock reported in Table I. On June 14, 2018, the reporting person was granted 86,563 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, 2018, the reporting person was granted 82,814 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 the cash value received. On June 14, 2019, the reporting person was granted 149,770 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. /s/ Nancy T. Avedissian, Attorney-in-Fact 2019-06-18