Debbie L. Pickle - Feb 24, 2025 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 24, 2025
Transactions value $
$625,814
Form type
4
Date filed
2/26/2025, 05:58 PM
Previous filing
Feb 24, 2025
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 $2.03M +35.4K +48.92% $57.33 108K Feb 24, 2025 Direct F1
transaction WMB Common Stock Tax liability -$901K -15.7K -14.58% $57.33 92.1K Feb 24, 2025 Direct F2
transaction WMB Common Stock Tax liability -$504K -8.79K -9.54% $57.33 83.3K Feb 24, 2025 Direct F3

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 -35.4K -100% $0.00 0 Feb 24, 2025 Common Stock 35.4K $0.00 Direct F4
* 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 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 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 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.