Lori Schultz - 15 Jun 2021 Form 4 Insider Report for VOLT INFORMATION SCIENCES, INC.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Jun 2021, 17:22:44 UTC
Prior SEC filing
15 Jun 2021
Next SEC filing
26 Apr 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Nancy T. Avedissian, Attorney-in-Fact

Key filing fact

Lori Schultz filed Form 4 for VOLT INFORMATION SCIENCES, INC. on 17 Jun 2021.

Key facts

  • This page summarizes Lori Schultz's Form 4 filing for VOLT INFORMATION SCIENCES, INC..
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 17 Jun 2021, 17:22.

Change

  • Previous filing in this sequence was filed on 15 Jun 2021.
  • Current net transaction value: -$23,577.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VOLT transaction

Common Stock

Options Exercise

Transaction value
Shares
+18,181
Change %
+44%
Price
Shares after
59,548
Date
15 Jun 2021
Ownership
Direct
Footnotes
F1
VOLT transaction

Common Stock

Tax liability

Transaction value
$23,577
Shares
-5,627
Change %
-9.4%
Price
$4.19
Shares after
53,921
Date
15 Jun 2021
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VOLT transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-18,181
Change %
-33%
Price
$0.000000
Shares after
36,364
Date
15 Jun 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
18,181
Exercise price
Footnotes
F1, F3
VOLT transaction Derivative

Restricted Stock Unit

Award

Transaction value
$0
Shares
+23,866
Change %
Price
$0.000000
Shares after
23,866
Date
15 Jun 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
23,866
Exercise price
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

On June 15, 2020, the reporting person was granted 54,545 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.

Footnote F2

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 18,181 restricted stock units reported in Table II below.

Footnote F3

Restricted stock units convert into common stock on a one-for-one basis.

Footnote F4

On June 15, 2021, the reporting person was granted 23,866 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.

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