Statement of Changes in Beneficial Ownership (4)
July 02 2015 - 2:29PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Rudolf John C
|
2. Issuer Name
and
Ticker or Trading Symbol
VOLT INFORMATION SCIENCES, INC.
[
VISI
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__
X
__ Director
__
X
__ 10% Owner
_____ Officer (give title below)
_____ Other (specify below)
|
(Last)
(First)
(Middle)
500 108TH AVENUE, SUITE 905
|
3. Date of Earliest Transaction
(MM/DD/YYYY)
6/29/2015
|
(Street)
BELLEVUE, WA 98004
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
___ Form filed by One Reporting Person
_
X
_ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code
(Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock, $0.10 Par Value
(1)
(2)
|
6/29/2015
|
|
A
|
|
8082
(5)
|
A
|
$0
|
414796
|
D
(3)
|
|
Common Stock, $0.10 Par Value
(1)
(2)
|
6/30/2015
|
|
P
|
|
7932
|
A
|
$9.29
|
1785643
|
D
(4)
|
|
Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3)
|
2. Conversion or Exercise Price of Derivative Security
|
3. Trans. Date
|
3A. Deemed Execution Date, if any
|
4. Trans. Code
(Instr. 8)
|
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
6. Date Exercisable and Expiration Date
|
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
|
8. Price of Derivative Security
(Instr. 5)
|
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
|
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
|
11. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
(A)
|
(D)
|
Date Exercisable
|
Expiration Date
|
Title
|
Amount or Number of Shares
|
Stock Option
|
$9.28
|
6/29/2015
|
|
A
|
|
36675
|
|
6/29/2015
(6)
|
6/28/2022
|
Common Stock
|
36675
|
$0
|
36675
|
D
(3)
|
|
Explanation of Responses:
|
(
1)
|
This Form 4 is filed jointly by Glacier Peak U.S. Value Fund, L.P. (the "Fund"), Glacier Peak Capital LLC ("GPC"), and John C. Rudolf (collectively, the "Reporting Persons"). Each Reporting Person is a member of a reporting group that owns in the aggregate more than 10% of the Issuer's outstanding shares of Common Stock. As such, each Reporting Person may be deemed to beneficially own more than 10% of the Issuer's outstanding shares of Common Stock.
|
(
2)
|
Each Reporting Person disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose.
|
(
3)
|
Mr. Rudolf directly owns 228,479 Shares of Common Stock, may be deemed to beneficially own 36,675 fully vested stock options which are not included in Table I, may be deemed to beneficially own 5,000 Shares of Common Stock that are held in an IRA account that he controls, may be deemed to beneficially own 30,000 Shares of Common Stock that are held in an account he controls for the benefit of his wife, and may be deemed to beneficially own 151,317 Shares of Common Stock held in various accounts he controls for the benefit of other family members.
|
(
4)
|
Shares of Common Stock beneficially owned by the Fund. GPC, as the general partner of the Fund, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by the Fund. Mr Rudolf, as President of GPC, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by the Fund.
|
(
5)
|
On June 29, 2015, Mr. Rudolf was granted fully vested shares of Common Stock as part of the director compensation program approved by the board of directors.
|
(
6)
|
On June 29, 2015, Mr. Rudolf was granted fully vested stock options as part of the director compensation program approved by the board of directors.
|
Reporting Owners
|
Reporting Owner Name / Address
|
Relationships
|
Director
|
10% Owner
|
Officer
|
Other
|
Rudolf John C
500 108TH AVENUE
SUITE 905
BELLEVUE, WA 98004
|
X
|
X
|
|
|
Glacier Peak U.S. Value Fund, L.P.
500 108TH AVENUE NE
SUITE 905
BELLEVUE, WA 98004
|
|
X
|
|
|
Glacier Peak Capital LLC
500 108TH AVENUE NE
SUITE 905
BELLEVUE, WA 98004
|
|
X
|
|
|
Signatures
|
/s/ John C. Rudolf
|
|
7/2/2015
|
**
Signature of Reporting Person
|
Date
|
Glacier Peak U.S. Value Fund, L.P.; By: Glacier Peak Capital LLC; By: /s/ John C. Rudolf, as President
|
|
7/2/2015
|
**
Signature of Reporting Person
|
Date
|
Glacier Peak Capital LLC; By: /s/ John C. Rudolf, as President
|
|
7/2/2015
|
**
Signature of Reporting Person
|
Date
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
|
*
|
If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
|
**
|
Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
|
Note:
|
File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
|
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
|
Volt Information Sciences (AMEX:VISI)
Historical Stock Chart
From Sep 2024 to Oct 2024
Volt Information Sciences (AMEX:VISI)
Historical Stock Chart
From Oct 2023 to Oct 2024