4//SEC Filing
WILLIAMS INDUSTRIES INC 4
Accession 0000107294-08-000002
CIK 0000107294operating
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 11:03 AM ET
Size
12.7 KB
Accession
0000107294-08-000002
Insider Transaction Report
Form 4
WILLIAMS INDUSTRIES INCwmsi.pk
WILLIAMS FRANK E JR
Director10% Owner
Transactions
- Purchase
Common Stock
2008-01-03$2.20/sh+5,000$11,000→ 504,054 total
Holdings
- 11,500(indirect: By Trust)
Common Stock
- 176,879(indirect: By Spouse)
Common Stock
- 6,000
Option
Exercise: $4.10From: 2005-01-20Exp: 2010-01-19→ Common Stock (6,000 underlying) - 41,100(indirect: By Foundation)
Common Stock
- 338,300(indirect: by Williams Enterprises of Georgia, Inc.)
Common Stock
- 824,456(indirect: by Williams Family LP)
Common Stock
- 3,000
Option
Exercise: $3.55From: 2003-02-09Exp: 2008-02-08→ Common Stock (3,000 underlying)
Footnotes (5)
- [F1]As previously reported, 150,000 shares owned by the Williams Family LP are subject to a pledge in favor of a banking institution to secure indebtedness of the Williams Family LP. This was reported on the advice of counsel because the pledge of the shares grants dispositive power to the lender, who may dispose of the shares without further consent of the owner in the event of default on the underlying indebtedness.
- [F2]Except as noted in Footnote #1, I have sole dispositive power over these shares, and I am also a beneficial owner with my sons Frank E. Williams, III and H. Arthur Williams. These shares are duplicative of shares reported for my sons.
- [F3]As previously reported, 338,300 shares owned by Williams Enterprises of Georgia, Inc. are subject to a pledge in favor of a banking institution to secure indebtedness of Williams Enterprises of Georgia, Inc. This was reported on the advice of counsel because the pledge of the shares grants dispositive power to the lender, who may dispose of the shares without further consent of the owner in the event of default on the underlying indebtedness.
- [F4]Except as noted in Footnote #3, I have dispositive power over these shares, and I am also a beneficial owner with my sons Frank E. Williams, III and H. Arthur Williams. These shares are duplicative of shares reported for my sons.
- [F5]I disclaim beneficial ownership of these shares.
Documents
Issuer
WILLIAMS INDUSTRIES INC
CIK 0000107294
Entity typeoperating
IncorporatedVA
Related Parties
1- filerCIK 0000107294
Filing Metadata
- Form type
- 4
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 11:03 AM ET
- Size
- 12.7 KB