SEC Form 4 · accession 0001209191-19-012067
WILLIAMS COMPANIES, INC. · WMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan S Armstrong
Officer — President & CEO · Director
Period of report
Feb 19, 2019
Accepted (ET)
Feb 21, 2019 · 4:41 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 Stock | Feb 19, 2019 | A | 94,821 | $0.00 | A | 588,101 | D | |
| Common Stock | holding | — | — | — | 34,264 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | Feb 19, 2019 | A | 134,817 | A | Feb 19, 2022 | Feb 19, 2022 | Common Stock | 134,817 | 134,817 | D |
| Restricted Stock UnitsF2 | $0.00 | Feb 19, 2019 | A | 85,103 | A | Feb 19, 2022 | Feb 19, 2022 | Common Stock | 85,103 | 85,103 | D |
| Restricted Stock UnitsF2 | $0.00 | Feb 19, 2019 | A | 85,103 | A | Feb 19, 2023 | Feb 19, 2023 | Common Stock | 85,103 | 85,103 | D |
Explanation of responses
- F1Vesting is subject to applicable grant agreement and Compensation and Management Development Committee certification that the Company has met the applicable three year performance measures of return on capital employed and total shareholder return, each weighted at 50%. The payout will range from 0 percent to 200 percent of the awarded number of units.
- F2Vesting is subject to applicable grant agreement and Compensation and Management Development Committee certification that the Company has met the applicable three year performance measure of Adjusted EPS. Any earned units based on approved performance results will generally distribute 50% on the third anniversary of the grant date and 50% on the fourth anniversary of the grant date. The payout will range from 0 percent to 200 percent of the awarded number of units.