Alan S. Armstrong - Feb 24, 2025 Form 4 Insider Report for WILLIAMS COMPANIES, INC. (WMB)

Signature
Cheryl L. Mahon, Attorney-in-fact
Stock symbol
WMB
Transactions as of
Feb 24, 2025
Transactions value $
-$11,282,659
Form type
4
Date filed
2/26/2025, 05:56 PM
Previous filing
Feb 24, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMB Common Stock Options Exercise $18.9M +329K +74.09% $57.33 774K Feb 24, 2025 Direct F1
transaction WMB Common Stock Tax liability -$8.33M -145K -18.77% $57.33 629K Feb 24, 2025 Direct F2
transaction WMB Common Stock Tax liability -$2.96M -51.6K -8.2% $57.33 577K Feb 24, 2025 Direct F3
transaction WMB Common Stock Other -$14.7M -256K -44.37% $57.33 321K Feb 25, 2025 Direct F4
transaction WMB Common Stock Other $14.7M +256K +12.69% $57.33 2.27M Feb 25, 2025 By CCJG Investments, LLC F5

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 -$18.9M -329K -100% $57.33 0 Feb 24, 2025 Common Stock 329K $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of common stock vesting pursuant to a 2022 performance-based restricted stock unit 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 shares of common stock in footnote (1) were withheld by the Issuer to satisfy tax withholdings of the Reporting Person.
F3 Shares of common stock withheld by Issuer to satisfy tax withholdings of the Reporting Person in connection with a 2022 grant of time-based restricted stock units previously reported on an as-owned basis in Table I.
F4 Reporting person is transferring common stock, which is directly owned, to CCJG Investments, LLC thereby changing the form of ownership of such common stock to indirectly owned.
F5 The amount of securities beneficially owned following the reported transaction for footnote (4). The reporting person and his spouse are co-managers of and beneficially own all of the membership interests in CCJG Investments, LLC.
F6 Performance-based restricted stock units. Vesting is subject to applicable grant agreement and Compensation and Management Development Committee certification that the Company has met the applicable three year performance measures for certain financial metrics not solely tied to the market price of issuer securities. The payout will range from 0 percent to 200 percent of the awarded number of units.