Walter J. Bennett - 15 Feb 2022 Form 4 Insider Report for WILLIAMS COMPANIES, INC. (WMB)

Role
SVP Gathering & Processing
Signature
Cheryl L. Mahon, Attorney-in-Fact
Issuer symbol
WMB
Transactions as of
15 Feb 2022
Net transactions value
$0
Form type
4
Filing time
17 Feb 2022, 12:42:31 UTC
Previous filing
12 Oct 2021
Next filing
24 Feb 2022
SEC
View on sec.gov

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 $0 +15,957 +12% $0.000000 154,016 15 Feb 2022 Common Stock 15,957 $0.000000 Direct F1
transaction WMB Restricted Stock Units Award $0 +15,957 +10% $0.000000 169,973 15 Feb 2022 Common Stock 15,957 $0.000000 Direct F1
transaction WMB Restricted Stock Units Award $0 +16,648 +9.8% $0.000000 186,621 15 Feb 2022 Common Stock 16,648 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a Special Executive Officer Earnings Per Share ("EPS") Performance-based Restricted Stock Unit Award. The performance above target in respect to a defined Adjusted EPS metric resulted in a performance factor of 200%.
F2 Represents additional restricted stock units awarded pursuant to the 2019 performance-based RSU grant agreement resulting from performance above target in respect to defined Return on Capital Employed ("ROCE") and Relative Total Shareholder Return ("TSR") metrics, as certified by the Compensation and Management Development Committee.