SEC Form 4 · accession 0001209191-19-013320
WILLIAMS COMPANIES, INC. · WMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter J Bennett
Officer — Senior Vice President
Period of report
Feb 22, 2019
Accepted (ET)
Feb 26, 2019 · 11:59 am 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,F2 | Feb 22, 2019 | M | 9,333 | $0.00 | A | 116,881 | D | |
| Common Stock | Feb 22, 2019 | F | 2,846 | $27.11 | D | 114,035 | D | |
| Common StockF1 | Feb 22, 2019 | M | 21,017 | $0.00 | A | 135,052 | D | |
| Common Stock | Feb 22, 2019 | F | 6,158 | $27.11 | D | 128,894 | D | |
| Common StockF3,F4 | Feb 25, 2019 | S | 14,859 | $27.1329 | D | 114,035 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restcted Stock UnitsF1,F2 | $0.00 | Feb 22, 2019 | M | 9,333 | D | Feb 22, 2019 | Feb 22, 2019 | Common Stock | 9,333 | 0 | D |
| Restriced Stock UnitsF1 | $0.00 | Feb 22, 2019 | M | 21,017 | D | Feb 22, 2019 | Feb 22, 2019 | Common Stock | 21,017 | 0 | D |
Explanation of responses
- F1Payout of Restricted Stock Units, in a transaction exempt under Rules 16b-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 an adjustment to the restricted stock units awarded pursuant to the 2016 performance-based RSU grant agreement resulting from performance less than target.
- F3Represents shares sold pursuant to a 10b5-1 Sales Plan entered into between Reporting Person and Broker on November 5, 2018.
- F4This transaction was executed in multiple trades at prices ranging from $27.080 - $27.190. The prices reported above reflect the weighted average sale price. The reporting person hereby undertakes to prove upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.