Nelson Obus - Aug 23, 2021 Form 4 Insider Report for Williams Industrial Services Group Inc. (WLMS)

Role
Director, 10%+ Owner
Signature
/s/ Charles E. Wheelock for Nelson Obus by Power of Attorney
Stock symbol
WLMS
Transactions as of
Aug 23, 2021
Transactions value $
$188,033
Form type
4
Date filed
8/25/2021, 09:34 PM
Previous filing
Jun 8, 2021
Next filing
Dec 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLMS Common Stock, $0.01 par value per share Purchase $188K +46.7K +0.74% $4.03 6.4M Aug 23, 2021 See Footnote F1, F2, F3
holding WLMS Common Stock, $0.01 par value per share 247K Aug 23, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As of the date of this Form 4, Mr. Obus is (i) a principal executive officer of Wynnefield Capital, Inc., which is the sole investment manager of Wynnefield Small Cap Value Offshore Fund, Ltd., which beneficially owns 1,564,583 shares of the issuer's common stock; (ii) a co-managing member of Wynnefield Capital Management, LLC, which is the sole general partner of Wynnefield Partners Small Cap Value, L.P. I, which beneficially owns 2,478,663 shares of the issuer's common stock, and the sole general partner of Wynnefield Partners Small Cap Value, L.P., which beneficially owns 2,100,084 shares of the issuer's common stock; and (iii) a co-trustee of Wynnefield Capital, Inc. Profit Sharing & Money Purchase Plan, which beneficially owns 255,276 shares of the issuer's common stock. Mr. Obus disclaims beneficial ownership of the securities described in this footnote except to the extent of his pecuniary interest.
F2 Of these shares, Wynnefield Small Cap Value Offshore Fund, Ltd. purchased 7,719 shares; Wynnefield Partners Small Cap Value, L.P. I purchased 22,192 shares; Wynnefield Partners Small Cap Value, L.P. purchased 14,087 shares; and Wynnefield Capital, Inc. Profit Sharing & Money Purchase Plan purchased 2,702 shares.
F3 Represents the weighted average purchase price of multiple transactions, with shares purchased at prices ranging from $3.98 and $4.03 per share. The reporting person hereby undertakes to provide, upon request by the U.S. Securities and Exchange Commission staff, the issuer or a stockholder of the issuer, full information regarding the number of shares purchased at each separate price.