Alan S. Armstrong - 10 Feb 2023 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
10 Feb 2023
Net transactions value
+$5,652,718
Form type
4
Filing time
14 Feb 2023, 09:32:22 UTC
Previous filing
18 Jan 2023
Next filing
23 Feb 2023
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 $5,652,718 +277,094 +32% $20.40 1,153,703 10 Feb 2023 Common Stock 277,094 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents additional restricted stock units awarded pursuant to the 2020 performance-based RSU grant agreement resulting from performance above target in respect to defined Return on Capital Employed ("ROCE") and Debt to EBITDA ratio metrics, as certified by the Compensation and Management Development Committee.
F2 Represents an adjustment to the restricted stock units awarded pursuant to the 2020 performance-based RSU grant agreement resulting from performance greater than target.