Nick Cyprus - 22 Apr 2022 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: 22 Apr 2022
Net transactions value: $0
Form type: 4
Filing time: 26 Apr 2022, 15:31:52 UTC
Previous filing: 05 Jan 2022
Next filing: 05 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VOLT	Common Stock	Disposition pursuant to a tender of shares in a change of control transaction		-72,958	-71%		29,576	22 Apr 2022	Direct	F1
transaction	VOLT	Common Stock	Disposed to Issuer		-29,576	-100%		0	25 Apr 2022	Direct	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	-21,480	-100%	$0.000000^*	0	25 Apr 2022	Common Stock	21,480		Direct	F2

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

Nick Cyprus 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.