U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
1. Name and address of Reporting Person
Frank E. Williams, III
2439 Luckett Avenue
Vienna, Virginia 22180
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
January/2000
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer
X Director
X Officer - Title - President/CEO
10% Owner
Other
7. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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1. Title of Security
Williams Industries, Inc. Common Stock
2. Transaction Date (Month/Year)
1/00
3. Transaction Code
Code
JV (Purchases under Employee Stock Purchase Plan by weekly
payroll deductions at market price as defined in the plan,
such purchases being reported earlier than required)
4. Securities Acquired (A) or Disposed of (D)
Amount (A) or (D) Price
300 A price varying weekly, under
Employee Stock Purchase Plan
5. Amount of Securities Beneficially Owned at End of Month
a. 77,109
b. 413,346
c. 344
d. 3,000
6. Ownership Form: Direct (D) or Indirect (I)
a. D
b. I
c. I
d. I
7. Nature of Indirect Beneficial Ownership
a. n/a
b. Partner-Williams Family Limited Partnership; these shares are
duplicative of shares listed in the Form 4 filing for Frank E.
Williams, Jr. but are included here because Mr. Williams III
has a beneficial interest in the shares as a partner.
c. By Wife - Mr. Williams III disclaims beneficial ownership
d. In trust for minor - Mr. Williams III disclaims beneficial ownership
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Table II
Derivative Securities Acquired, Disposed of, or Benefically Owned
1. Title of Derivative Security
Options to Buy
2. Conversion or Exercise Price of Derivative Security
A. $4.26
B. $3.67
3. Transaction Date (Month/Year)
A. Option granted - 1/22/99
B. Option granted - 1/21/00
4. Transaction Code
Code
A - option granted pursuant to plan (vesting 1/21/01)
5. Securities Acquired (A) or Disposed of (D)
Amount (A) or (D) Price
n/a
6. Date Exercisable and Expiration Date (Month/Date/Year)
A. 1/22/00 and 1/21/04
B. 1/21/01 and 1/20/05
7. Title and Amount of Underlying Securities
Title - Williams Industries, Inc. Common Stock
Amount or Number of Shares
A. 10,000
B. 3,500
8. Price of Derivative Security
n/a (awarded under incentive compensation plan)
9. Number of Derivative Securities Beneficially Owned at
End of Month
2 options as described herein
10. Ownership Form of Derivative Security: Direct (D) or
Indirect (I)
(D)
11. Nature of Indirect Beneficial Ownership
n/a
Signature
/s/ - Frank E. Williams, III
Frank E. Williams, III
