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

Role: EVP, Business Development
Signature: /s/ Charles E. Wheelock for Raymond A. Hruby, Jr. by Power of Attorney
Issuer symbol: N/A
Transactions as of: 17 May 2022
Net transactions value: -$15,846
Form type: 4
Filing time: 19 May 2022, 16:29:33 UTC
Previous filing: 04 Apr 2022
SEC: View on sec.gov

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		+37,500	+125%		67,500	17 May 2022	Direct	F2
transaction	WLMS	Common Stock, $0.01 par value per share	Tax liability	$15,846	-10,635	-16%	$1.49	56,865	17 May 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	-37,500	-100%	$0.000000^*	0	17 May 2022	Common Stock	37,500		Direct	F2
holding	WLMS	Restricted Stock Units						15,277	17 May 2022	Common Stock	15,277		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.