SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 14)*
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, 1999
-------------------------------------------------------
(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.
<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) [ ]
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization United States of America
- --------------------------------------------------------------------------------
Number of 5. Sole Voting Power 3,658,912
Shares Bene- ----------------------------------------------------------
ficially Owned
By Each 6. Shared Voting Power 0
Reporting ----------------------------------------------------------
Person With
7. Sole Dispositive Power 3,658,912
----------------------------------------------------------
8. Shared Dispositive Power 0
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
3,658,912
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ X ]
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
24.1%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
IN
- --------------------------------------------------------------------------------
-2-
<PAGE>
CUSIP No. 928703 10 7
- --------------------------------------------------------------------------------
ITEM 1.
(a) Name of Issuer
Volt Information Sciences, Inc.
(b) Address of Issuer's Principal Executive Offices
c/o Volt Information Sciences, Inc.
560 Lexington Avenue, 15th Floor
New York, NY 10022
ITEM 2.
(a) Name of Person Filing
William Shaw
(b) Address of Principal Business Office or, if none, Residence
Volt Information Sciences, Inc.
560 Lexington Avenue, 15th Floor
New York, NY 10022
(c) Citizenship
United States of America
(d) Title of Class of Securities
Common Stock, par value $.10 share
(e) CUSIP Number
-3- 928703 10 7
<PAGE>
CUSIP No. 928703 10 7
- --------------------------------------------------------------------------------
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.SS.240.13D-1(B) OR
240.13D-2(B) OR (C), CHECK WHETHER the PERSON FILING IS A:
(a) |_| Broker or dealer registered under section 15 of the Act
(15 U.S.C. 78o).
(b) |_| Bank as defined in section 3(a)(6) of the Act (15 U.S.C.
78c).
(c) |_| Insurance company as defined in section 3(a)(19) of the
Act (15 U.S.C. 78c).
(d) |_| Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) |_| An investment adviser in accordance with
ss.240.13d-1(b)(1)(ii)(E);
(f) |_| An employee benefit plan or endowment fund in accordance
with ss.240.13d-1(b)(1)(ii)(F);
(g) |_| A parent holding company or control person in accordance
with ss.240.13d-1(b)(1)(ii)(G);
(h) |_| A savings associations as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) |_| A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j) |_| Group, in accordance with ss.240.13d-1(b)(1)(ii)(J).
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: a) Amount Beneficially Owned: 3,658,912
shares. Pursuant to the rules of the Securities and Exchange Commission
respecting beneficial ownership, includes 120,000 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
considered outstanding for the purpose of computing the "Percent of Class"
below. Also includes (i) 4,002 shares held for the undersigned's benefit under
the Company's Employee Stock Ownership Plan as at October 30, 1998 (the latest
date as of which information concerning plan allocations is available), (ii)
26,143 shares held for the undersigned under the Company's 401(k) Savings Plan
as at December 31, 1999 (the latest date as of which information concerning plan
allocations is available) and (iii) 99,561 shares held as sole trustee for the
benefit of Mr. Shaw's wife as to which 99,561 shares Mr. Shaw disclaims
beneficial ownership.
(b) Percent of class: 24.1%
-4-
<PAGE>
CUSIP No. 928703 10 7
- --------------------------------------------------------------------------------
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 3,658,912
(ii) Shared power to vote or to direct the vote: 0
(iii)Sole power to dispose or to direct the disposition of:
3,658,912
(iv) Shared power to dispose or to direct the disposition of: 0
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
ITEM 10. CERTIFICATION
Not applicable.
-5-
<PAGE>
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 8, 2000
/s/ William Shaw
-----------------------------
William Shaw
