Alan S. Armstrong - Feb 7, 2024 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
Feb 7, 2024
Transactions value $
$6,157,088
Form type
4
Date filed
2/9/2024, 02:06 PM
Previous filing
Jan 16, 2024
Next filing
Feb 26, 2024

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 Restricted Stock Units Award $6.16M +258K +41.8% $23.91 874K Feb 7, 2024 Common Stock 258K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents additional restricted stock units awarded pursuant to the 2021 performance-based RSU grant agreement resulting from performance above target in respect to defined Return on Capital Employed ("ROCE") and Debt to EBITDA ratio metrics, as certified by the Compensation and Management Development Committee.
F2 Represents an adjustment to the restricted stock units awarded pursuant to the 2021 performance-based RSU grant agreement resulting from performance greater than target.