Vassall Damien 4
4 · Williams Industrial Services Group Inc. · Filed Apr 4, 2023
Insider Transaction Report
Form 4
Vassall Damien
VP, Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-03-31−8,658→ 17,314 total→ Common Stock (8,658 underlying) - Exercise/Conversion
Common Stock, $0.01 par value per share
2023-03-31+5,187→ 26,238 total - Exercise/Conversion
Restricted Stock Units
2023-03-31−5,187→ 0 total→ Common Stock (5,187 underlying) - Exercise/Conversion
Common Stock, $0.01 par value per share
2023-03-31+8,658→ 34,896 total - Tax Payment
Common Stock, $0.01 par value per share
2023-03-31$1.03/sh−4,901$5,048→ 29,995 total
Holdings
- 7,467
Restricted Stock Units
→ Common Stock (7,467 underlying)
Footnotes (4)
- [F1]On March 31, 2020, the reporting person was granted 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). The issuer's Compensation Committee elected to settle the RSUs that vested on March 31, 2023 in shares of the issuer's common stock.
- [F2]On March 31, 2022, the reporting person was granted 25,972 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). The issuer's Compensation Committee elected to settle the RSUs that vested on March 31, 2023 in shares of the issuer's common stock.
- [F3]On March 31, 2021, the reporting person was granted 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).
- [F4]Reflects withholding of shares by the issuer to offset the tax liability resulting from the vesting of time-based RSUs on March 31, 2023.