Randall R. Lay - Mar 23, 2022 Form 4 Insider Report for Williams Industrial Services Group Inc. (WLMS)

Signature
/s/ Charles E. Wheelock for Randall R. Lay by Power of Attorney
Stock symbol
WLMS
Transactions as of
Mar 23, 2022
Transactions value $
$12,968
Form type
4
Date filed
3/25/2022, 04:16 PM
Next filing
Apr 4, 2022

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 $13K +7.5K +5.9% $1.73 135K Mar 23, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding WLMS Restricted Stock Units 43.8K Mar 23, 2022 Common Stock 43.8K Direct F1
holding WLMS Restricted Stock Units 36.3K Mar 23, 2022 Common Stock 36.3K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 31, 2020, the reporting person was granted 65,704 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 2021, 2022 and 2023, 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).
F2 On March 31, 2021, the reporting person was granted 36,343 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).