John Dean Porter - 22 Feb 2022 Form 4 Insider Report for WILLIAMS COMPANIES, INC. (WMB)

Signature
Cheryl L. Mahon, Attorney-in-Fact
Issuer symbol
WMB
Transactions as of
22 Feb 2022
Net transactions value
+$26,028
Form type
4
Filing time
24 Feb 2022, 11:03:19 UTC
Previous filing
17 Feb 2022
Next filing
25 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMB Common Stock Options Exercise $123,972 +4,201 +14% $29.51 33,322 22 Feb 2022 Direct F1
transaction WMB Common Stock Tax liability $52,616 -1,783 -5.4% $29.51 31,539 22 Feb 2022 Direct F2
transaction WMB Common Stock Tax liability $45,327 -1,536 -4.9% $29.51 30,003 22 Feb 2022 Direct F3

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 -4,201 -21% $0.000000 15,635 22 Feb 2022 Common Stock 4,201 $0.000000 Direct F1
* 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 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 A portion of a 2019 grant of time-based RSUs previously reported on an as-owned basis in Table I were withheld for taxes.