Wheelock Charles E. 4
4 · Williams Industrial Services Group Inc. · Filed Jan 4, 2023
Insider Transaction Report
Form 4
Wheelock Charles E.
VP,Administration, GC and Sec.
Transactions
- Tax Payment
Common Stock, $0.01 par value per share
2022-12-31$1.02/sh−9,130$9,313→ 125,015 total - Exercise/Conversion
Common Stock, $0.01 par value per share
2022-12-31+30,333→ 134,145 total - Exercise/Conversion
Performance-Based Restricted Stock Units
2022-12-31−30,333→ 0 total→ Common Stock (30,333 underlying)
Holdings
- 14,327
Restricted Stock Units
→ Common Stock (14,327 underlying) - 27,466
Restricted Stock Units
→ Common Stock (27,466 underlying) - 22,759
Restricted Stock Units
→ Common Stock (22,759 underlying)
Footnotes (5)
- [F1]On March 31, 2020, the reporting person was granted 42,979 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 22,759 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).
- [F3]On March 31, 2022, the reporting person was granted 27,466 time-based 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).
- [F4]Each performance-based restricted stock unit ("PRSU") represents a contingent right to receive one share of the issuer's common stock. The applicable performance goal was met and the PRSUs vested on December 31, 2022.
- [F5]Reflects withholding of shares by the issuer to offset the tax liability resulting from the vesting of PRSUs on December 31, 2022.