Statement of Changes in Beneficial Ownership (4)
05 Janvier 2023 - 12:09AM
Edgar (US Regulatory)
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FORM 4
[ ] Check this box if no longer subject to Section
16. Form 4 or Form 5 obligations may continue. See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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| 1. Name
and Address of Reporting Person * Wheelock
Charles E. |
2. Issuer Name and Ticker or Trading
Symbol Williams Industrial Services Group Inc. [ WLMS
] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
SVP, Chief Admin Off, GC, Sec |
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(Last)
(First)
(Middle)
C/O WILLIAMS INDUSTRIAL SRVS GRP INC., 200 ASHFORD CENTER
NORTH STE 425 |
3. Date of Earliest Transaction (MM/DD/YYYY)
12/31/2022
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(Street)
ATLANTA, GA 30338
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ 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, $0.01 par value per
share |
12/31/2022 |
|
M(4) |
|
30333 |
A |
(4) |
134145 |
D |
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Common Stock, $0.01 par value per
share |
12/31/2022 |
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F(5) |
|
9130 |
D |
$1.02 |
125015 |
D |
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Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
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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 |
|
Performance-Based Restricted Stock
Units |
(4) |
12/31/2022 |
|
M |
|
|
30333 |
(4) |
(4) |
Common Stock |
30333 |
$0 |
0 |
D |
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|
Restricted Stock Units |
(1) |
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|
|
|
|
(1) |
(1) |
Common Stock |
14327 |
|
14327 |
D |
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|
Restricted Stock Units |
(2) |
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|
|
|
|
|
(2) |
(2) |
Common Stock |
22759 |
|
22759 |
D |
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|
Restricted Stock Units |
(3) |
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|
|
|
|
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(3) |
(3) |
Common Stock |
27466 |
|
27466 |
D |
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| Explanation of
Responses: |
| (1) |
On March 31, 2020, the
reporting person was granted 42,979 time-based restricted stock
units ("RSUs"), each of which represents a contingent right to
receive one share of the issuer's common stock and which vest in
three equal installments on March 31 of each of 2021, 2022 and
2023, subject to continued employment through the vesting date. The
RSUs may be settled in shares of the issuer's common stock or cash
(at the election of the issuer). |
| (2) |
On March 31, 2021, the
reporting person was granted 22,759 time-based RSUs, each of which
represents a contingent right to receive one share of the issuer's
common stock and which vest in full on March 31, 2024, subject to
continued employment through the vesting date. The RSUs may be
settled in shares of the issuer's common stock or cash (at the
election of the issuer). |
| (3) |
On March 31, 2022, the
reporting person was granted 27,466 time-based RSUs, each of which
represents a contingent right to receive one share of the issuer's
common stock and which vest in three equal installments on March 31
of each of 2023, 2024 and 2025, subject to continued employment
through the vesting date. The RSUs may be settled in shares of the
issuer's common stock or cash (at the election of the
issuer). |
| (4) |
Each performance-based
restricted stock unit ("PRSU") represents a contingent right to
receive one share of the issuer's common stock. The applicable
performance goal was met and the PRSUs vested on December 31,
2022. |
| (5) |
Reflects withholding of
shares by the issuer to offset the tax liability resulting from the
vesting of PRSUs on December 31, 2022. |
Reporting
Owners
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|
Reporting Owner Name / Address |
Relationships
|
|
Director |
10% Owner |
Officer |
Other |
Wheelock Charles E.
C/O WILLIAMS INDUSTRIAL SRVS GRP INC.
200 ASHFORD CENTER NORTH STE 425
ATLANTA, GA 30338 |
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|
SVP, Chief Admin Off, GC, Sec |
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Signatures
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/s/ Charles E. Wheelock |
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1/4/2023 |
| **Signature
of Reporting Person |
Date |
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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. |
Williams Industrial Serv... (AMEX:WLMS)
Graphique Historique de l'Action
De Fév 2023 à Mar 2023
Williams Industrial Serv... (AMEX:WLMS)
Graphique Historique de l'Action
De Mar 2022 à Mar 2023
