4//SEC Filing
Howsman Timothy 4
Accession 0001104659-18-049227
CIK 0001136294other
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 5:00 PM ET
Size
8.6 KB
Accession
0001104659-18-049227
Insider Transaction Report
Form 4
Howsman Timothy
principal financial officer
Transactions
- Award
Common Stock, $0.01 par value per share
2018-07-31+42,500→ 63,551 total - Award
Performance-Based Restricted Stock Units
2018-07-31+42,500→ 42,500 total→ Common Stock (42,500 underlying)
Footnotes (2)
- [F1]Represents restricted stock units. Of the restricted stock units, each of which represents the right to receive one share of common stock of Williams Industrial Services Group Inc. (the "Company"), one-third will vest on March 31 of each of 2019, 2020 and 2021, respectively, subject to continued employment through the vesting date.
- [F2]Each performance-based restricted stock unit ("PRSU") represents a contingent right to receive one share of the Company's common stock. The applicable performance goal will be satisfied if the Company'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"). The PRSUs generally vest in three equal installments on March 31 of each of 2019, 2020 and 2021, respectively, provided that the 2018 performance goal has been met by such date (and, if not, through the date the 2018 performance goal is subsequently achieved), and are subject to continued employment through the vesting date. If the Company has not achieved the performance goal by June 30, 2021, all unvested PRSUs will be forfeited.
Documents
Issuer
Williams Industrial Services Group Inc.
CIK 0001136294
Entity typeother
Related Parties
1- filerCIK 0001654486
Filing Metadata
- Form type
- 4
- Filed
- Aug 1, 8:00 PM ET
- Accepted
- Aug 2, 5:00 PM ET
- Size
- 8.6 KB