Filing Details

Accession Number:
0000921895-15-001722
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-07-02 14:28:18
Reporting Period:
2015-06-29
Filing Date:
2015-07-02
Accepted Time:
2015-07-02 14:28:18
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
103872 Volt Information Sciences Inc. VISI Services-Help Supply Services (7363) 135658129
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1562077 Glacier Peak U.s. Value Fund, L.p. 500 108Th Avenue Ne
Suite 905
Bellevue WA 98004
No No Yes No
1567397 Glacier Peak Capital Llc 500 108Th Avenue Ne
Suite 905
Bellevue WA 98004
No No Yes No
1622933 C John Rudolf 500 108Th Avenue
Suite 905
Bellevue WA 98004
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $0.10 Par Value Acquisiton 2015-06-29 8,082 $0.00 414,796 No 4 A Direct
Common Stock, $0.10 Par Value Acquisiton 2015-06-30 7,932 $9.29 1,785,643 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option Acquisiton 2015-06-29 36,675 $0.00 36,675 $9.28
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
36,675 2015-06-29 2022-06-28 No 4 A Direct
Footnotes
  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.