SEC Form 4 · accession 0001104659-17-062017
Williams Industrial Services Group Inc. · WLMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Oct 10, 2017
Accepted (ET)
Oct 12, 2017 · 8:32 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 ValueF2,F1,F4,F5 | Oct 10, 2017 | P | 105,554 | $2.45 | A | 1,980,854 | I | See Footnotes |
| Common Stock, $0.01 Par ValueF3,F1,F4,F5 | Oct 11, 2017 | P | 139,728 | $2.48 | A | 2,120,582 | I | See Footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This report is filed jointly by Tontine Capital Overseas Master Fund II, L.P., a Cayman Islands limited partnership ("TCP 2"), Tontine Asset Associates, L.L.C., a Delaware limited liability company ("TAA") and Jeffrey L. Gendell ("Mr. Gendell"). Mr. Gendell is the managing member of TAA, the general partner of TCP 2.
- F2On October 10, 2017, TCP 2 acquired 105,554 shares of Common Stock at a weighted average price of $2.45 per share. These shares were acquired in multiple transactions at prices ranging from $2.45 to $2.48, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the range set forth in this footnote.
- F3On October 11, 2017, TCP 2 acquired 139,728 shares of Common Stock at a weighted average price of $2.48 per share. These shares were acquired in multiple transactions at prices ranging from $2.45 to $2.50, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the range set forth in this footnote.
- F4TCP 2 directly owns all 2,120,582 shares of Common Stock reported herein.
- F5All of the foregoing securities may be deemed to be beneficially owned by Mr. Gendell and/or by TAA. Mr. Gendell disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by Mr. Gendell or representing Mr. Gendell's pro rata interest in, and interest in the profits of, TAA and TCP 2. TAA disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TAA or representing TAA's pro rata interest in, and interest in the profits of, TCP 2.