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

Role
SVP Gathering & Processing
Signature
Cheryl L. Mahon, Attorney-in-Fact
Stock symbol
WMB
Transactions as of
Feb 15, 2022
Transactions value $
$0
Form type
4
Date filed
2/17/2022, 12:42 PM
Previous filing
Oct 12, 2021
Next filing
Feb 24, 2022

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 +16K +11.56% $0.00 154K Feb 15, 2022 Common Stock 16K $0.00 Direct F1
transaction WMB Restricted Stock Units Award $0 +16K +10.36% $0.00 170K Feb 15, 2022 Common Stock 16K $0.00 Direct F1
transaction WMB Restricted Stock Units Award $0 +16.6K +9.79% $0.00 187K Feb 15, 2022 Common Stock 16.6K $0.00 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.