SEC Form 4 · accession 0001104659-15-025649
Williams Industrial Services Group Inc. · WLMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ross J. Marcoot
Officer — Pres., Global Power Services
Period of report
Mar 31, 2015
Accepted (ET)
Apr 2, 2015 · 9:26 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 | Mar 31, 2015 | A | 7,887 | $0.00 | A | 7,887 | D | |
| Common Stock, $0.01 par value per shareF2 | Mar 31, 2015 | A | 5,000 | $0.00 | A | 12,887 | D | |
| Common Stock, $0.01 par value per shareF3 | Mar 31, 2015 | A | 9,245 | $0.00 | A | 22,132 | 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., 2,629, 2,629 and 2,629 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.
- F2Restricted share units granted under the Global Power Equipment Group Inc. 2011 Equity Incentive Plan as reimbursement for Mr. Marcoot's forfeited bonus from his prior employment, each of which represents the right to receive one share of common stock of Global Power Equipment Group Inc., which vest on January 5, 2016, subject to continued employment through the vesting date. Any units that do not vest will be forfeited.
- 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.
Remarks
Power of attorney was filed as Exhibit 24 to the Form 3 filed for Mr. Marcoot on February 6, 2015.