SEC Form 4 · accession 0001104659-18-024597
Williams Industrial Services Group Inc. · WLMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert B Mills
Director
Period of report
Apr 16, 2018
Accepted (ET)
Apr 17, 2018 · 6:08 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,F3 | Apr 16, 2018 | A | 18,182 | $0.00 | A | 18,182 | D | |
| Common Stock, $0.01 par value per shareF2,F3 | Apr 16, 2018 | A | 18,182 | $0.00 | A | 36,364 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists of restricted shares, of which 50% vested upon the grant date and 25% will vest on January 22 of each of 2019 and 2020.
- F2Consists of restricted shares, of which 25% vested upon the grant date and 25% will vest on January 22 of each of 2019, 2020 and 2021.
- F3Due to a restatement of certain prior financial results and the process of becoming current in its filings with the U.S. Securities and Exchange Commission, the issuer has not granted its directors equity compensation for their services since January 22, 2015. The grants disclosed herein are intended as compensation for services provided during 2016 and 2017, as reflected by the vesting schedules. The vesting of the grants disclosed herein is subject to continued service as a director through the vesting and accelerated vesting in the event of a change in control. Any shares that do not vest will be forfeited.