SEC Form 4 · accession 0001104659-15-025645
Williams Industrial Services Group Inc. · WLMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tracy D Pagliara
Officer — Chief Admin Officer, GC & Sec.
Period of report
Mar 31, 2015
Accepted (ET)
Apr 2, 2015 · 9:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001136294
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par value per shareF1,F2 | Mar 31, 2015 | A | 8,338 | $0.00 | A | 55,715 | D | |
| Common Stock, $0.01 par value per shareF3 | Mar 31, 2015 | A | 9,245 | $0.00 | A | 64,960 | D | |
| Common Stock, $0.01 par value per shareF4 | Mar 31, 2015 | A | 1,063 | $0.00 | A | 66,023 | D | |
| Common Stock, $0.01 par value per shareF5 | Mar 31, 2015 | F | 1,479 | $13.20 | D | 64,544 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted share units granted under the Global Power Equipment Group Inc. 2011 Equity Incentive Plan. Of the restricted share units, each of which represents the right to receive one share of common stock of Global Power Equipment Group Inc., 2,780, 2,779 and 2,779 will vest on March 31 of each of 2016, 2017 and 2018, respectively, subject to continued employment through the vesting date. Any units that do not vest will be forfeited.
- F2Adjusted to include 17 restricted share units which were inadvertently withheld as tax liability for the vesting that occurred on March 31, 2014.
- F3Restricted share units granted under the Global Power Equipment Group Inc. 2011 Equity Incentive Plan and subject to a restricted share unit agreement, each of which represents the right to receive one share of common stock of Global Power Equipment Group Inc., which vest on June 30, 2016, subject to continued employment through the vesting date. Any units that do not vest will be forfeited.
- F4Reflects the award of common stock pursuant to awards of performance-based restricted stock units, each of which represents the right to receive one share of common stock of Global Power Equipment Group Inc., 500 of which was awarded on July 21, 2011 and 563 of which was awarded on March 22, 2012, and all of which vest on the date hereof.
- F5Reflects withholding of shares by the Company to offset the tax liability resulting from the vesting on March 31, 2015 of restricted stock units previously reported.