Chad A. Teply - Feb 22, 2024 Form 4 Insider Report for WILLIAMS COMPANIES, INC. (WMB)

Role
SVP Project Execution
Signature
Cheryl L. Mahon, Attorney-in-fact
Stock symbol
WMB
Transactions as of
Feb 22, 2024
Transactions value $
$0
Form type
4
Date filed
2/26/2024, 03:35 PM
Previous filing
Feb 9, 2024
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMB Common Shares Award $0 +21.1K +23.43% $0.00 111K Feb 22, 2024 Direct F1

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 $0 +21.5K $0.00 21.5K Feb 22, 2024 Common Stock 21.5K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Time-based restricted stock units convert into common stock on a one-for-one basis.
F2 Vesting is subject to applicable grant agreement and Compensation and Management Development Committee certification that the Company has met applicable performance requirements. Return on capital employed and available funds from operations per share are each weighted at 50 percent and are measured against predetermined targets. Additionally, relative total shareholder return is used as a performance modifier potentially increasing or decreasing the calculated result by up to 25%. The final potential payout will range from 0 percent to 200 percent of the above reported number of units.
F3 Performance-based restricted stock units convert into common stock on a one-for-one basis.