Damien Vassall - 06 Apr 2022 Form 4 Insider Report for Williams Industrial Services Group Inc. (WLMS)

Role
VP, Chief Financial Officer
Signature
/s/ Charles E. Wheelock for Damien Vassall by Power of Attorney
Issuer symbol
WLMS
Transactions as of
06 Apr 2022
Net transactions value
-$3,525
Form type
4
Filing time
08 Apr 2022, 17:08:06 UTC
Previous filing
04 Apr 2022
Next filing
04 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLMS Common Stock, $0.01 par value per share Tax liability $3,525 -1,836 -8% $1.92* 21,051 06 Apr 2022 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding WLMS Restricted Stock Units 5,187 06 Apr 2022 Common Stock 5,187 Direct F1
holding WLMS Restricted Stock Units 7,467 06 Apr 2022 Common Stock 7,467 Direct F2
holding WLMS Restricted Stock Units 25,972 06 Apr 2022 Common Stock 25,972 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 31, 2020, the reporting person was granted 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).
F2 On March 31, 2021, the reporting person was granted 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).
F3 On March 31, 2022, the reporting person was granted 25,972 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).
F4 Reflects withholding of shares by the issuer to offset the tax liability resulting from the vesting on March 31, 2022 with respect to time-based RSUs granted on March 31, 2020.