Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
- Peter Lynch
What is insider trading>>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 19)*
Volt Information Sciences, Inc.
-------------------------------
(Name of Issuer)
Common Stock, par value $.10 per share
--------------------------------------
(Title of Class of Securities)
928703 10 7
-----------
(CUSIP Number)
December 31, 2005
-------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|_| Rule 13d-1(c)
|X| Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
CUSIP No. 928703 10 7
- --------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
William Shaw
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ x ]
- --------------------------------------------------------------------------------
3. SEC Use Only
---------------------------------------------------------------------------
4. Citizenship or Place of Organization United States of America
---------------------------------------------------------------------------
Number of 5. Sole Voting Power 2,871,965*
Shares Bene- ---------------------------------------------------------------
ficially Owned
By Each 6. Shared Voting Power 3,833
Reporting ---------------------------------------------------------------
Person With
7. Sole Dispositive Power 2,871,965*
---------------------------------------------------------------
8. Shared Dispositive Power 3,833
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 2,875,798*
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 18.7%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions) IN
- --------------------------------------------------------------------------------
-2-
CUSIP No. 928703 10 7
- --------------------------------------------------------------------------------
Item 4. Ownership.
The following is information regarding the aggregate number and percentage
of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: 2,875,798 shares*.
Pursuant to the rules of the Securities and Exchange Commission respecting
beneficial ownership, includes 45,000 shares which were not actually
outstanding, but which were issuable upon exercise of options held by the
undersigned, each of which are presently exercisable in full. Such shares are
also considered outstanding for the purpose of computing the "Percent of Class"
below. Also includes (i) 701,341 owned by the undersigned directly, (ii)
2,103,457 shares owned in two trusts by the undersigned as trustee for his
benefit, (iii) 2,121 shares held for the undersigned's benefit under the
Company's Employee Stock Ownership Plan (the "ESOP") as at December 31, 2005,
which ESOP was merged into the Company's 401(k) Savings Plan (as merged, the
"Plan") as of January 1, 2000; however, separate accounts are maintained for the
shares held under the ESOP and Savings Plan feature of the Plan, (iv) 20,045.65
shares held for the undersigned under the Savings Plan features of the Plan as
at December 31, 2005 and (v) 3,833 shares held by a family foundation of which
the undersigned is a director (the reporting of which shares is not an admission
of beneficial ownership of such 3,833 shares).
(b) Percent of class: 18.7%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 2,871,965*
(ii) Shared power to vote or to direct the vote: 3,833
(iii) Sole power to dispose or to direct the disposition of:
2,871,965*
(iv) Shared power to dispose or to direct the disposition of: 3,833
* The aggregate of ESOP and Plan share ownership has been rounded to the nearest
whole number.
-3-
CUSIP No. 928703 10 7
- --------------------------------------------------------------------------------
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: February 9, 2006
/s/William Shaw
-----------------------------------
William Shaw
-4-