Bruce G. Goodman - Apr 22, 2022 Form 4 Insider Report for VOLT INFORMATION SCIENCES, INC. (VOLT)

Role: Director
Signature: /s/ Nancy T. Avedissian, Attorney-in-Fact
Stock symbol: VOLT
Transactions as of: Apr 22, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/26/2022, 01:00 PM
Previous filing: Sep 23, 2021

Transactions Table

Type	Sym	Class	Transaction	Shares	Change %	Date	Ownership	Footnotes
transaction	VOLT	Common Stock	Disposition pursuant to a tender of shares in a change of control transaction	-133K	-100%	Apr 22, 2022	Direct	F1
transaction	VOLT	Common Stock	Disposition pursuant to a tender of shares in a change of control transaction	-635K	-100%	Apr 22, 2022	As Co-Trustee	F1
transaction	VOLT	Common Stock	Disposition pursuant to a tender of shares in a change of control transaction	-1.24M	-100%	Apr 22, 2022	By Spouse	F1

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	Disposed to Issuer	$0	-21.5K	-100%	$0.00^*	0	Apr 25, 2022	Common Stock	21.5K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Bruce G. Goodman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Disposed of pursuant to the Agreement and Plan of Merger, dated as of March 12, 2022 (the "Merger Agreement"), by and among Vega Consulting, Inc., a Delaware corporation ("Parent"), Vega MergerCo, Inc., a New York corporation and wholly owned subsidiary of Parent, and Volt Information Sciences, Inc., a New York corporation (the "Company"), in exchange for $6.00 per share upon the consummation of the transactions contemplated by the Merger Agreement (the "Merger") or in the related preceding tender offer (the "Tender Offer") at the same price. The Tender Offer expired on April 22, 2022, and the Merger closed on April 25, 2022.
F2	Upon consummation of the Merger, each time-based restricted stock unit was cancelled in exchange for a cash payment equal to $6.00.

Content

Disposed of pursuant to the Agreement and Plan of Merger, dated as of March 12, 2022 (the "Merger Agreement"), by and among Vega Consulting, Inc., a Delaware corporation ("Parent"), Vega MergerCo, Inc., a New York corporation and wholly owned subsidiary of Parent, and Volt Information Sciences, Inc., a New York corporation (the "Company"), in exchange for $6.00 per share upon the consummation of the transactions contemplated by the Merger Agreement (the "Merger") or in the related preceding tender offer (the "Tender Offer") at the same price. The Tender Offer expired on April 22, 2022, and the Merger closed on April 25, 2022.

Upon consummation of the Merger, each time-based restricted stock unit was cancelled in exchange for a cash payment equal to $6.00.