Alan S. Armstrong - Feb 22, 2022 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 22, 2022
Transactions value $
$5,389,824
Form type
4
Date filed
2/24/2022, 10:56 AM
Previous filing
Feb 17, 2022
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMB Common Stock Options Exercise $5.02M +170K +14.28% $29.51 1.36M Feb 22, 2022 Direct F1
transaction WMB Common Stock Tax liability -$2.22M -75.1K -5.51% $29.51 1.29M Feb 22, 2022 Direct F2
transaction WMB Common Stock Options Exercise $6.72M +228K +17.68% $29.51 1.51M Feb 22, 2022 Direct F3
transaction WMB Common Stock Tax liability -$2.96M -100K -6.62% $29.51 1.41M Feb 22, 2022 Direct F4
transaction WMB Common Stock Tax liability -$1.17M -39.7K -2.81% $29.51 1.37M Feb 22, 2022 Direct F5
holding WMB Common Stock 34.3K Feb 22, 2022 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 Restricted Stock Units Options Exercise $0 -170K -15.44% $0.00 932K Feb 22, 2022 Common Stock 170K $0.00 Direct F1
transaction WMB Restricted Stock Units Options Exercise $0 -35K -13.33% $0.00 228K Feb 22, 2022 Common Stock 35K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payout in shares of common stock of executive performance-based RSUs awarded pursuant to a 2019 performance-based RSU grant agreement between the Reporting Person and the Issuer and including an adjustment for performance at greater than target as certified by the Issuer's Compensation and Management Development Committee.
F2 A portion of the RSUs in footnote (1) above were withheld for taxes.
F3 Payout in shares of common stock of RSUs awarded pursuant to a 2019 performance-based RSU grant agreement between the Reporting Person and the Issuer and including an adjustment for performance at greater than target as certified by the Issuer's Compensation and Management Development Committee.
F4 A portion of the RSUs in footnote (3) above were withheld for taxes.
F5 A portion of a 2019 grant of time-based RSUs previously reported on an as-owned basis in Table I were withheld for taxes.