Raymond A. Hruby Jr. - May 17, 2022 Form 4 Insider Report for Williams Industrial Services Group Inc. (WLMS)

Role
EVP, Business Development
Signature
/s/ Charles E. Wheelock for Raymond A. Hruby, Jr. by Power of Attorney
Stock symbol
WLMS
Transactions as of
May 17, 2022
Transactions value $
-$15,846
Form type
4
Date filed
5/19/2022, 04:29 PM
Previous 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 Options Exercise +37.5K +125% 67.5K May 17, 2022 Direct F2
transaction WLMS Common Stock, $0.01 par value per share Tax liability -$15.8K -10.6K -15.76% $1.49 56.9K May 17, 2022 Direct F3

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
transaction WLMS Restricted Stock Units Options Exercise $0 -37.5K -100% $0.00* 0 May 17, 2022 Common Stock 37.5K Direct F2
holding WLMS Restricted Stock Units 15.3K May 17, 2022 Common Stock 15.3K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 31, 2022, the reporting person was granted 15,277 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 2023, 2024 and 2025, 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 May 17, 2021, the reporting person was granted time-based RSUs, each of which represented a contingent right to receive one share of the issuer's common stock and which vested in full on May 17, 2022.
F3 Reflects withholding of shares by the issuer to offset the tax liability resulting from the vesting on May 17, 2022 with respect to time-based RSUs granted on May 17, 2021.