Alan S. Armstrong - 22 Nov 2023 Form 4 Insider Report for WILLIAMS COMPANIES, INC. (WMB)

Role
President & CEO, Director
Signature
Cheryl L. Mahon, Attorney-in-fact
Issuer symbol
WMB
Transactions as of
22 Nov 2023
Net transactions value
-$17,826,380
Form type
4
Filing time
27 Nov 2023, 16:36:10 UTC
Previous filing
17 Oct 2023
Next filing
16 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMB Common Stock Options Exercise $3,636,339 +145,570 +7.4% $24.98 2,117,726 22 Nov 2023 Direct
transaction WMB Common Stock Tax liability $4,343,481 -120,669 -5.7% $36.00 1,997,057 22 Nov 2023 Direct F1
transaction WMB Common Stock Options Exercise $5,454,553 +188,935 +9.5% $28.87 2,185,992 22 Nov 2023 Direct
transaction WMB Common Stock Tax liability $6,048,240 -168,030 -7.7% $36.00 2,017,962 22 Nov 2023 Direct F1
transaction WMB Common Stock Options Exercise $6,730,146 +231,356 +11% $29.09 2,249,318 22 Nov 2023 Direct
transaction WMB Common Stock Tax liability $7,434,659 -206,547 -9.2% $36.00 2,042,771 22 Nov 2023 Direct F1
holding WMB Common Stock 34,264 22 Nov 2023 By Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WMB Employee Options (Right to Buy) Options Exercise $3,636,339 -145,570 -100% $24.98 0 22 Nov 2023 Common Stock 145,570 $24.98 Direct F2
transaction WMB Employee Options (Right to Buy) Options Exercise $5,454,553 -188,935 -100% $28.87 0 22 Nov 2023 Common Stock 188,935 $28.87 Direct F2
transaction WMB Employee Options (Right to Buy) Options Exercise $6,730,146 -231,356 -100% $29.09 0 22 Nov 2023 Common Stock 231,356 $29.09 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock surrendered to Williams to pay the exercise price and/or tax withholding obligations in respect of a stock option exercise. No shares of Williams common stock were sold in the open market.
F2 Grant has graded vesting schedule. Date exercisable will vary for each vesting tranche.