0001628280-21-012292.txt : 20210615
0001628280-21-012292.hdr.sgml : 20210615
20210615185341
ACCESSION NUMBER: 0001628280-21-012292
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210614
FILED AS OF DATE: 20210615
DATE AS OF CHANGE: 20210615
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: 211020049
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: 1031
BUSINESS ADDRESS:
STREET 1: 2401 N. GLASSELL ST.
CITY: ORANGE
STATE: CA
ZIP: 92865
BUSINESS PHONE: 714-921-8800
MAIL ADDRESS:
STREET 1: 2401 N. GLASSELL ST.
CITY: ORANGE
STATE: CA
ZIP: 92865
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_162379760506506.xml
FORM 4
X0306
4
2021-06-14
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
2021-06-14
4
M
0
1562
A
19036
D
Common Stock
2021-06-14
4
M
0
2304
A
21340
D
Common Stock
2021-06-14
4
A
0
1889
A
23229
D
Common Stock
2021-06-14
4
F
0
1938
4.06
D
21291
D
Restricted Stock Unit
2021-06-14
4
M
0
1562
0
D
Common Stock
1562.0
0
D
Restricted Stock Unit
2021-06-14
4
M
0
2304
0
D
Common Stock
2304.0
2305
D
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 6,913 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, 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.
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 3,866 restricted stock units reported in Table II below and 1,889 performance stocks reported in Table I.
Restricted stock units convert into common stock on a one-for-one basis.
/s/ Nancy T. Avedissian, Attorney-in-Fact
2021-06-15