U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 5
ANUUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
1. Name and address of Reporting Person
Stephen N. Ashman
2540 Massachusetts Avenue
Apt. 207
Washington, DC 20008
2. Issuer Name and Ticker or Trading Symbol
Williams Industries, Inc. (WMSI)
3. IRS or Social Security Number of Reporting Person
(Voluntary)
4. Statement for Month/Year
July 1999
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer
X Director
Officer - Title -
10% Owner
Other
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1. Title of Security
Williams Industries, Inc. Common Stock
2. Transaction Date (Month/Year)
12/98
3. Transaction Code
Code - P
4. Securities Acquired (A) or Disposed of (D)
Amount (A) or (D) Price
2000 (A) $2.75
5. Amount of Securities Beneficially Owned at End of Month
7,000
6. Ownership Form: Direct (D) or Indirect (I)
(D)
7. Nature of Indirect Beneficial Ownership
Table II
Derivative Securities Acquired, Disposed of, or Benefically Owned
1. Title of Derivative Security
Option to buy
2. Conversion of Exercise Price of Derivative Security
$2.75 Share
3. Transaction Date (Month/Year)
1/22/99
4. Transaction Code
Code A
5. Securities Acquired (A) or Disposed of (D)
Amount (A) or (D)
Granted option to purchase 5,000 shares of Common Stock - A
6. Date Exercisable and Expiration Date (Month/Date/Year)
1/22/99 and 1/21/04
7. Title and Amount of Underlying Securities
Title - Common
Amount or Number of Shares - 5,000 Shares
8. Price of Derivative Security
0
9. Number of Derivative Securities Beneficially Owned at
End of Year
Option as set forth above
10. Ownership Form of Derivative Security: Direct (D) or
Indirect (I)
D
11. Nature of Indirect Beneficial Ownership
N/A
Signature
/s/ Stephen N. Ashman
Stephen N. Ashman
