ALAN S. ARMSTRONG - 15 Feb 2022 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
15 Feb 2022
Net transactions value
$0
Form type
4
Filing time
17 Feb 2022, 12:52:54 UTC
Previous filing
11 Jan 2022
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 +85,103 +10% $0.000000 924,731 15 Feb 2022 Common Stock 85,103 $0.000000 Direct F1
transaction WMB Restricted Stock Units Award $0 +85,103 +9.2% $0.000000 1,009,834 15 Feb 2022 Common Stock 85,103 $0.000000 Direct F1
transaction WMB Restricted Stock Units Award $0 +92,754 +9.2% $0.000000 1,102,588 15 Feb 2022 Common Stock 92,754 $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.