Scott A. Hallam - 21 Feb 2023 Form 4 Insider Report for WILLIAMS COMPANIES, INC. (WMB)

Role: SVP Transmission & Gulf of Mex
Signature: Cheryl L. Mahon, Attorney-in-Fact
Issuer symbol: WMB
Transactions as of: 21 Feb 2023
Net transactions value: +$1,106,993
Form type: 4
Filing time: 23 Feb 2023, 10:58:56 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	$1,834,222	+59,572	+36%	$30.79	223,626	21 Feb 2023	Direct	F1
transaction	WMB	Common Stock	Tax liability	$727,229	-23,619	-11%	$30.79	200,007	21 Feb 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	-59,572	-100%	$0.000000^*	0	21 Feb 2023	Common Stock	59,572	$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.