Micheal G. Dunn - Feb 23, 2022 Form 4 Insider Report for WILLIAMS COMPANIES, INC. (WMB)

Signature
Erma L. Matthews, Attorney-in-Fact
Stock symbol
WMB
Transactions as of
Feb 23, 2022
Transactions value $
$0
Form type
4
Date filed
2/25/2022, 03:02 PM
Previous filing
Feb 24, 2022
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMB Common Stock Award $0 +61.4K +16.41% $0.00 436K Feb 23, 2022 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 +57K +22.06% $0.00 315K Feb 23, 2022 Common Stock 57K $0.00 Direct F2
* 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 restricted stock units (RSUs), in a transaction exempt under Rules 16b-3(d) and 16b-6(b), as awarded under The Williams Companies, Inc. 2007 Incentive Plan.
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 0 percent to 200 percent of the awarded number of units.