Debbie L. Pickle - Feb 21, 2023 Form 4 Insider Report for WILLIAMS COMPANIES, INC. (WMB)

Role
SVP & Chief HR Officer
Signature
Cheryl L. Mahon, Attorney-in-Fact
Stock symbol
WMB
Transactions as of
Feb 21, 2023
Transactions value $
$543,751
Form type
4
Date filed
2/23/2023, 10:56 AM
Previous filing
Feb 14, 2023
Next filing
Feb 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMB Common Stock Options Exercise $983K +31.9K +50.74% $30.79 94.8K Feb 21, 2023 Direct F1
transaction WMB Common Stock Tax liability -$439K -14.3K -15.04% $30.79 80.6K Feb 21, 2023 Direct F2

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 -31.9K -100% $0.00* 0 Feb 21, 2023 Common Stock 31.9K $0.00 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.