SEC Info℠  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Wheelock Charles E. – ‘4’ for 3/31/21 re: Williams Industrial Services Group Inc.

On:  Friday, 4/2/21, at 6:44pm ET   ·   For:  3/31/21   ·   Accession #:  1104659-21-46205   ·   File #:  1-16501

Previous ‘4’:  ‘4’ on 4/2/20 for 3/31/20   ·   Next:  ‘4’ on 4/4/22 for 3/31/22   ·   Latest:  ‘4’ on 4/4/23 for 3/31/23

Find Words in Filings emoji
 		  in    Show  and   ↓Hints

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/02/21  Wheelock Charles E.               4                      1:16K  Williams Industrial Svcs Gp Inc.  Toppan Merrill/FA

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Ownership Document -- tm2112040-4_4seq1.xml/3.6     HTML      3K


        

This ‘4’ Document is an XML Data File that may be rendered in various formats:

  Form 4    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 
 
Plain Text rendering:  Ownership Document — tm2112040-4_4seq1.xml/3.6
 
                                                                                                                                                                                
Ownership Document
 
Schema Version:  X0306
Document Type:  4
Period of Report:  3/31/21
Not Subject to Section 16:  0
Issuer:
Issuer CIK:  1136294
Issuer Name:  Williams Industrial Services Group Inc.
Issuer Trading Symbol:  WLMS
Reporting Owner:
Reporting Owner ID:
Owner CIK:  1713635
Owner Name:  Wheelock Charles E.
Reporting Owner Address:
Owner Street 1:  C/O WILLIAMS INDUSTRIAL SRVS GRP INC.
Owner Street 2:  100 CRESCENT CENTRE PKWY STE 1240
Owner City:  TUCKER
Owner State:  GA
Owner ZIP Code:  30084
Owner State Description:
Reporting Owner Relationship:
Is Director?  No
Is Officer?  Yes
Is Ten Percent Owner?  No
Is Other?  No
Officer Title:  SVP, Chief Admin Off, GC, Sec
Other Text:
Non-Derivative Table:
Non-Derivative Transaction:
Security Title:
Value:  Common Stock, $0.01 par value per share
Transaction Date:
Value:  3/31/21
Deemed Execution Date:
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  M
Equity Swap Involved?  No
Footnote ID:  F1
Transaction Timeliness:
Transaction Amounts:
Transaction Shares:
Value:  8,939
Transaction Price Per Share:
Footnote ID:  F1
Transaction Acquired-Disposed Code:
Value:  A
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  76,133
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Transaction:
Security Title:
Value:  Common Stock, $0.01 par value per share
Transaction Date:
Value:  3/31/21
Deemed Execution Date:
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  M
Equity Swap Involved?  No
Footnote ID:  F4
Transaction Timeliness:
Transaction Amounts:
Transaction Shares:
Value:  14,326
Transaction Price Per Share:
Footnote ID:  F4
Transaction Acquired-Disposed Code:
Value:  A
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  90,459
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Transaction:
Security Title:
Value:  Common Stock, $0.01 par value per share
Transaction Date:
Value:  3/31/21
Deemed Execution Date:
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  A
Equity Swap Involved?  No
Footnote ID:  F2
Transaction Timeliness:
Transaction Amounts:
Transaction Shares:
Value:  11,971
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  A
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  102,430
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Transaction:
Security Title:
Value:  Common Stock, $0.01 par value per share
Transaction Date:
Value:  3/31/21
Deemed Execution Date:
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  F
Equity Swap Involved?  No
Footnote ID:  F3
Transaction Timeliness:
Transaction Amounts:
Transaction Shares:
Value:  13,648
Transaction Price Per Share:
Value:  3.48
Transaction Acquired-Disposed Code:
Value:  D
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  88,782
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Table:
Derivative Transaction:
Security Title:
Value:  Restricted Stock Units
Conversion or Exercise Price:
Footnote ID:  F1
Transaction Date:
Value:  3/31/21
Deemed Execution Date:
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  M
Equity Swap Involved?  No
Transaction Timeliness:
Transaction Amounts:
Transaction Shares:
Value:  8,939
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  D
Exercise Date:
Footnote ID:  F1
Expiration Date:
Footnote ID:  F1
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  8,939
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  8,940
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Transaction:
Security Title:
Value:  Restricted Stock Units
Conversion or Exercise Price:
Footnote ID:  F4
Transaction Date:
Value:  3/31/21
Deemed Execution Date:
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  M
Equity Swap Involved?  No
Transaction Timeliness:
Transaction Amounts:
Transaction Shares:
Value:  14,326
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  D
Exercise Date:
Footnote ID:  F4
Expiration Date:
Footnote ID:  F4
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  14,326
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  28,653
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Transaction:
Security Title:
Value:  Restricted Stock Units
Conversion or Exercise Price:
Footnote ID:  F5
Transaction Date:
Value:  3/31/21
Deemed Execution Date:
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  A
Equity Swap Involved?  No
Transaction Timeliness:
Transaction Amounts:
Transaction Shares:
Value:  22,759
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  A
Exercise Date:
Footnote ID:  F5
Expiration Date:
Footnote ID:  F5
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  22,759
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  22,759
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Holding:
Security Title:
Value:  Performance-Based Restricted Stock Units
Conversion or Exercise Price:
Footnote ID:  F6
Exercise Date:
Footnote ID:  F6
Expiration Date:
Footnote ID:  F6
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  30,333
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  30,333
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Footnotes:
Footnote - F1:  On April 3, 2019, the reporting person was granted 26,818 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 2020, 2021 and 2022, 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). The issuer's Compensation Committee elected to settle the RSUs that vested on March 31, 2021 in shares of the issuer's common stock.
Footnote - F2:  On April 3, 2019, the reporting person was granted cash-based performance awards ("Performance Awards"), which vest in three equal installments on March 31 of each of 2020, 2021 and 2022 and are subject to continued employment through the vesting date. The Performance Awards may be settled in cash or shares of the issuer's common stock (at the election of the issuer). The Compensation Committee determined that the second installment of the Performance Awards vested in full, based on the issuer's achievement of the relevant performance conditions, and elected to settle such Performance Awards in shares of the issuer's common stock. The number of shares received was based on the closing price of the issuer's common stock on March 31, 2021.
Footnote - F3:  Reflects withholding of shares by the issuer to offset the tax liability resulting from the vesting on March 31, 2021 with respect to: (i) 10,112 time-based RSUs granted on June 20, 2018; (ii) 8,939 time-based RSUs granted on April 3, 2019; (iii) 14,326 time-based RSUs granted on March 31, 2020; and (iv) 11,971 Performance Awards.
Footnote - F4:  On March 31, 2020, the reporting person was granted 42,979 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 2021, 2022 and 2023, subject to continued employment through the vesting date. The Form 4 filed by the reporting person on April 2, 2020 inadvertently stated that the first tranche would vest on June 30, 2021. The RSUs may be settled in shares of the issuer's common stock or cash (at the election of the issuer). The issuer's Compensation Committee elected to settle the RSUs that vested on March 31, 2021 in shares of the issuer's common stock.
Footnote - F5:  On March 31, 2021, the reporting person was granted 22,759 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).
Footnote - F6:  Each performance-based RSU represents a contingent right to receive one share of the issuer's common stock. The applicable performance goal was to be satisfied if the issuer's common stock achieves a specified per share market price for any period of 30 consecutive trading days prior to June 30, 2021 (the "2018 performance goal"), subject to continued employment through the vesting date. In March 2021, the issuer's Compensation Committee approved a modification of the vesting terms, such that, if the Company has not achieved the performance goal by December 31, 2022, all unvested performance-based RSUs will be forfeited.
Owner Signature:
Signature Name:  /s/ Charles E. Wheelock
Signature Date:  4/2/21


↑Top
Filing Submission 0001104659-21-046205   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)
Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
About — Privacy — Redactions — Help — Mon., Apr. 29, 9:42:24.2am ET