Nick Cyprus - 15 Jun 2021 Form 4 Insider Report for VOLT INFORMATION SCIENCES, INC.

Role
Director
Signature
/s/ Nancy T. Avedissian, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
15 Jun 2021
Net transactions value
$0
Form type
4
Filing time
16 Jun 2021, 17:02:22 UTC
Next filing
05 Jan 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VOLT Restricted Stock Unit Award $0 +21,480 $0.000000 21,480 15 Jun 2021 Common Stock 21,480 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 On June 15, 2021, the reporting person was granted 21,480 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 on June 15, 2022. Upon vesting, shares will be delivered to the reporting person six months following the reporting person's termination as a director of Volt Information Sciences, Inc. ("Company") pursuant to the reporting person's election under the Company's Deferred Compensation Plan.