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

Role
President & CEO, Director
Signature
Cheryl L. Mahon, Attorney-in-fact
Stock symbol
WMB
Transactions as of
Nov 22, 2023
Transactions value $
-$17,826,380
Form type
4
Date filed
11/27/2023, 04:36 PM
Previous filing
Oct 17, 2023
Next filing
Jan 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMB Common Stock Options Exercise $3.64M +146K +7.38% $24.98 2.12M Nov 22, 2023 Direct
transaction WMB Common Stock Tax liability -$4.34M -121K -5.7% $36.00 2M Nov 22, 2023 Direct F1
transaction WMB Common Stock Options Exercise $5.45M +189K +9.46% $28.87 2.19M Nov 22, 2023 Direct
transaction WMB Common Stock Tax liability -$6.05M -168K -7.69% $36.00 2.02M Nov 22, 2023 Direct F1
transaction WMB Common Stock Options Exercise $6.73M +231K +11.46% $29.09 2.25M Nov 22, 2023 Direct
transaction WMB Common Stock Tax liability -$7.43M -207K -9.18% $36.00 2.04M Nov 22, 2023 Direct F1
holding WMB Common Stock 34.3K Nov 22, 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 -$3.64M -146K -100% $24.98 0 Nov 22, 2023 Common Stock 146K $24.98 Direct F2
transaction WMB Employee Options (Right to Buy) Options Exercise -$5.45M -189K -100% $28.87 0 Nov 22, 2023 Common Stock 189K $28.87 Direct F2
transaction WMB Employee Options (Right to Buy) Options Exercise -$6.73M -231K -100% $29.09 0 Nov 22, 2023 Common Stock 231K $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.