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