0001104659-19-019454.txt : 20190402 0001104659-19-019454.hdr.sgml : 20190402 20190402200520 ACCESSION NUMBER: 0001104659-19-019454 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190331 FILED AS OF DATE: 20190402 DATE AS OF CHANGE: 20190402 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Wheelock Charles E. CENTRAL INDEX KEY: 0001713635 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16501 FILM NUMBER: 19727181 MAIL ADDRESS: STREET 1: C/O GLOBAL POWER EQUIPMENT GROUP INC. STREET 2: 400 E. LAS COLINAS BLVD., SUITE 400 CITY: IRVING STATE: TX ZIP: 75039 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Williams Industrial Services Group Inc. CENTRAL INDEX KEY: 0001136294 STANDARD INDUSTRIAL CLASSIFICATION: HEAVY CONSTRUCTION OTHER THAN BUILDING CONST - CONTRACTORS [1600] IRS NUMBER: 731541378 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 100 CRESCENT CENTRE PARKWAY STREET 2: SUITE 1240 CITY: TUCKER STATE: GA ZIP: 30084 BUSINESS PHONE: 770-879-4400 MAIL ADDRESS: STREET 1: 100 CRESCENT CENTRE PARKWAY STREET 2: SUITE 1240 CITY: TUCKER STATE: GA ZIP: 30084 FORMER COMPANY: FORMER CONFORMED NAME: GLOBAL POWER EQUIPMENT GROUP INC. DATE OF NAME CHANGE: 20100730 FORMER COMPANY: FORMER CONFORMED NAME: GLOBAL POWER EQUIPMENT GROUP INC/ DATE OF NAME CHANGE: 20010309 FORMER COMPANY: FORMER CONFORMED NAME: GEEG INC DATE OF NAME CHANGE: 20010306 4 1 a4.xml 4 X0306 4 2019-03-31 0 0001136294 Williams Industrial Services Group Inc. WLMS 0001713635 Wheelock Charles E. C/O WILLIAMS INDUSTRIAL SRVS GRP INC. 100 CRESCENT CENTRE PKWY STE 1240 TUCKER GA 30084 0 1 0 0 VP, Administration, GC and Sec Common Stock, $0.01 par value per share 2019-03-31 4 F 0 4612 2.38 D 40971 D Performance-Based Restricted Stock Units 2018-06-20 4 A 0 30333 0.00 A Common Stock 30333 30333 D Reflects withholding of shares by the issuer to offset the tax liability resulting from the vesting on March 31, 2019 with respect to 14,214 time-based restricted stock units previously reported. Because the vesting date occurred on a market holiday, the number of shares withheld is based upon the closing price of the issuer's common stock on March 29, 2019, the most recent prior market day. 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 per share market price of $5.00 or greater 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. Amount shown also reflects sale of 2,518 shares of common stock by the reporting person, which occurred prior to becoming subject to Section 16 reporting obligations. Effective June 29, 2018, the Company changed its legal name from ''Global Power Equipment Group Inc.'' to ''Williams Industrial Services Group Inc.'' and its trading symbol from ''GLPW'' to ''WLMS.'' /s/ Charles E. Wheelock 2019-04-02