Alan S. Armstrong - 21 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
21 Feb 2023
Net transactions value
+$2,922,094
Form type
4
Filing time
23 Feb 2023, 10:46:30 UTC
Previous filing
14 Feb 2023
Next filing
27 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMB Common Stock Options Exercise $218,363 +7,092 +0.47% $30.79 1,508,545 21 Feb 2023 Direct F1
transaction WMB Common Stock Tax liability $95,972 -3,117 -0.21% $30.79 1,505,428 21 Feb 2023 Direct F2
transaction WMB Common Stock Options Exercise $5,022,280 +163,114 +11% $30.79 1,668,542 21 Feb 2023 Direct F1
transaction WMB Common Stock Tax liability $2,222,576 -72,185 -4.3% $30.79 1,596,357 21 Feb 2023 Direct F2
holding WMB Common Stock 34,264 21 Feb 2023 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 -7,092 -4.2% $0.000000 163,114 21 Feb 2023 Common Stock 7,092 $0.000000 Direct F1
transaction WMB Restricted Stock Units Options Exercise $0 -163,114 -100% $0.000000* 0 21 Feb 2023 Common Stock 163,114 $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 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.