SEC Form 4 · accession 0001209191-16-103323
WILLIAMS COMPANIES, INC. · WMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald R Chappel
Officer — Sr. Vice President & CFO
Period of report
Feb 25, 2016
Accepted (ET)
Feb 29, 2016 · 3:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000107263
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 25, 2016 | M | 1,292 | $0.00 | A | 293,951 | D | |
| Common Stock | Feb 25, 2016 | F | 407 | $16.03 | D | 293,544 | D | |
| Common StockF1 | Feb 25, 2016 | M | 25,022 | $0.00 | A | 318,566 | D | |
| Common Stock | Feb 25, 2016 | F | 7,575 | $16.03 | D | 310,991 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | Feb 25, 2016 | D | 35,281 | D | Feb 25, 2016 | Feb 25, 2016 | Common Stock | 35,281 | 1,292 | D |
| Restricted Stock UnitsF1 | $0.00 | Feb 25, 2016 | M | 1,292 | D | Feb 25, 2016 | Feb 25, 2016 | Common Stock | 1,292 | 0 | D |
| Restricted Stock UnitsF1 | $0.00 | Feb 25, 2016 | M | 25,022 | D | Feb 25, 2016 | Feb 25, 2016 | Common Stock | 25,022 | 0 | D |
Explanation of responses
- F1Payout of Restricted Stock Units, in a transaction exempt under Rules 16-3(d) and 16b-6(b), of shares of common stock awarded under The Williams Companies, Inc. 2007 Incentive Plan of which a portion of the shares were withheld for taxes.
- F2Represents cancellation of 96.47% of restricted stock units awarded pursuant to the 2013 performance-based RSU grant agreement resulting from performance less than target of defined relative and absolute total shareholder return, as certified by the compensation committee.