WYNNEFIELD PARTNERS SMALL CAP VALUE LP I
450 SEVENTH AVENUE
Williams Industrial Services Group Inc. [ WLMS ] 5. Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Common Stock, par value $0.01 per share 08/25/2020 P 19,780 A $1.6781 2,450,079 D(1)
Common Stock, par value $0.01 per share 08/25/2020 P 12,720 A $1.6781 3,895,102 I See Footnotes(2)(3)(4)
Common Stock, par value $0.01 per share 08/26/2020 P 517 A $1.68 2,450,596 D(1)
Common Stock, par value $0.01 per share 08/26/2020 P 333 A $1.68 3,895,435 I See Footnotes(2)(3)(4)
WYNNEFIELD PARTNERS SMALL CAP VALUE LP
WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND LTD
WYNNEFIELD CAPITAL MANAGEMENT LLC
WYNNEFIELD CAPITAL INC
Wynnefield Capital, Inc. Profit Sharing Plan
OBUS NELSON
LANDES JOSHUA
1. The Reporting Person directly beneficially owns 2,450,596 shares of the common stock, par value $0.01 per share (the "Common Stock"), of Williams Industrial Services Group Inc. (the "Issuer"). Wynnefield Capital Management, LLC, as the sole general partner of the Reporting Person, has an indirect beneficial ownership interest in the shares of Common Stock that the Reporting Person directly beneficially owns. Nelson Obus and Joshua Landes, as co-managing members of Wynnefield Capital Management, LLC, have an indirect beneficial ownership interest in the shares of Common Stock that the Reporting Person directly beneficially owns.
2. The Reporting Person has an indirect beneficial ownership interest in 2,085,997 shares of Common Stock, which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P., as members of a group under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Wynnefield Partners Small Cap Value, L.P. I, which maintains offices at the same address as the Reporting Person, is filing this statement jointly with the Reporting Person. Wynnefield Capital Management, LLC, as the sole general partner of Wynnefield Partners Small Cap Value, L.P. I, has an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Partners Small Cap Value L.P. I directly beneficially owns. Nelson Obus and Joshua Landes, as co-managing members of Wynnefield Capital Management, LLC, have an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Partners Small Cap Value, L.P. I directly beneficially owns.
3. The Reporting Person has an indirect beneficial ownership interest in 1,556,864 shares of Common Stock, which are directly beneficially owned by Wynnefield Small Cap Value Offshore Fund, Ltd., as members of a group under Section 13(d) of the Exchange Act. Wynnefield Small Cap Value Offshore Fund, Ltd., which maintains offices at the same address as the Reporting Person, is filing this statement jointly with the Reporting Person. Wynnefield Capital, Inc. as the sole investment manager of Wynnefield Small Cap Value Offshore Fund, Ltd., has an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Small Cap Value Offshore Fund, Ltd. directly beneficially owns. Nelson Obus and Joshua Landes, as principal executive officers of Wynnefield Capital, Inc., have an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Small Cap Value Offshore Fund, Ltd. directly beneficially owns.
4. The Reporting Person has an indirect beneficial ownership interest in 252,574 shares of Common Stock, which are directly beneficially owned by Wynnefield Capital, Inc. Profit Sharing Plan, as members of a group under Section 13(d) of the Exchange Act. Wynnefield Capital, Inc. Profit Sharing Plan, which maintains offices at the same address as the Reporting Person, is filing this Form jointly with the Reporting Person. Mr. Obus and Mr. Landes, as co-trustees, has the power to vote and dispose of Wynnefield Capital, Inc. Profit Sharing Plan's investments in securities and has an indirect beneficial ownership interest in the shares of Common Stock that Wynnefield Capital, Inc. Profit Sharing Plan directly beneficially owns.
Each of the Reporting Owners identified in this statement disclaims beneficial ownership of the securities described in this statement, except to the extent of their individual respective pecuniary interest in such securities. The filing of this statement shall not be deemed an admission that any of the Reporting Owners identified in this statement are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any securities specified in this statement other than those directly beneficially owned by them.
WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. I, By: Wynnefield Capital Management, LLC, General Partner, By: /s/ Nelson Obus, Managing Member 08/27/2020
WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P., By: Wynnefield Capital Management, LLC, General Partner, By: /s/ Nelson Obus, Managing Member 08/27/2020
WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD., By: Wynnefield Capital, Inc., By: /s/ Nelson Obus, President 08/27/2020
WYNNEFIELD CAPITAL, INC. PROFIT SHARING PLAN, By: /s/ Nelson Obus, Co-Trustee 08/27/2020
WYNNEFIELD CAPITAL MANAGEMENT, LLC, By: /s/ Nelson Obus, Managing Member 08/27/2020
WYNNEFIELD CAPITAL, INC., By: /s/ Nelson Obus, President 08/27/2020
/s/ Nelson Obus, individually 08/27/2020
/s/ Joshua Landes, individually 08/27/2020