SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
November 28, 2000
Williams Industries, Incorporated
(Exact name of registrant as specified in its charter)
Virginia 0-8190 54-0899518
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) identification No.)
incorporation)
2849 Meadow View Road, Falls Church, Virginia 22042
(Address of principal executive offices) (Zip
Code)
(703) 560-5196
(Registrant's telephone number, including area code)
Not Applicable
(Former names or former address if changes since last
report)
ITEM 5. Other Events.
This document is filed as a further clarification to
Item 4 of the Beneficial Ownership of Shares table
contained
in the company's annual proxy statement for the annual
meeting held on November 11, 2000.
BENEFICIAL OWNERSHIP OF SHARES
The following table sets forth information regarding
ownership, as of September 22, 2000 of the Common Stock of
the Company by: (1) each person known by the Company to own
beneficially more than 5 percent of the Common Stock; (2)
each director; (3) each nominee for director; and (4) all
officers and directors as a group. Except as noted, the
persons listed possess all ownership rights attached to the
shares opposite their name, including the right to vote and
dispose of the shares.
Directors:
Beneficial Owner Number of Shares Percentage of
Class
Frank E. Williams, Jr. 1,297,619 (l)(4) 35.15 %
Frank E. Williams, III 937,299 (2)(4) 2.60
William C. Howlett 38,120 (4) 1.03
R. Bentley Offutt 48,000 (3)(4) 1.30
Stephen N. Ashman 17,500 (4) 0.47
William J. Sim 14,500 (4) 0.39
Officers and Directors as
a group(6 persons) 1,509,892 40.90%
(1) Excludes 158,705 shares owned by his wife, as to which
Mr. Williams, Jr. disclaims beneficial ownership; 518,346
shares owned or controlled by the Williams Family Limited
Partnership of which the Williams Family Corporation (of
which Mr. Williams, Jr. is the President and controlling
person) is the General Partner; 75,900 shares from the
estate
of F. Everett Williams of which Mr. Williams, Jr. is
executor; 3,000 shares as trustee for a minor child;
338,300
shares held by Williams Enterprises of Georgia, Inc., of
which Mr. Williams, Jr. is the controlling person; and
1,000
shares held by the Williams Family Foundation, a charitable
organization exempt under Section 501(c)(3) of the Internal
Revenue code of 1986. The Foundation's purpose is to use
and
apply its income and principal assets exclusively for
charitable, scientific, literary, and educational
purposes.
Mr. Williams, Jr. is a trustee of the Foundation and votes
the stock. The business address of Mr. Williams, Jr. is
2789-B Hartland Road, Falls Church, Virginia.
(2) Includes 518,346 shares owned or controlled by the
Williams Family Limited Partnership, duplicative of the
shares listed for Mr. Williams, Jr., but included here
because Mr. Williams, III, has a beneficial interest in
these
shares; 338,300 shares held by Williams Enterprises of
Georgia and duplicative of those reported for Mr. Williams,
Jr. because Mr. Williams, III, has a beneficial interest in
the shares; 304 shares owned by his wife to which Mr.
Williams, III, disclaims beneficial interest, and 3,000
shares held in trust for his minor child. Mr. Williams,
III,
is also a trustee of the Williams Family Foundation, which
is
the General Partner of the Williams Family Limited
Partnership.
(3) Includes 40,000 shares owned by his wife, as to which
Mr.
Offutt disclaims beneficial ownership.
(4) Includes the following options granted to directors:
Mr. Ashman, 7,500; Mr. Howlett, 8,000; Mr. Offutt, 8,000;
Mr.
Sim, 7,500; Mr. Williams, Jr., 8,000; and Mr. Williams,
III,
13,500.
Based on research of records of the Securities and Exchange
Commission and on information from Vickers Stock Research
Corporation, the Company believes that there are no
additional holders with more than a five percent position
in
the company's stock at this time.
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to
be
signed on its behalf by the undersigned hereunto duly
authorized.
WILLIAMS INDUSTRIES, INCORPORATED
Date: November 29, 2000 /s/ Frank E. Williams, III
By: Frank E. Williams, III
President
