Form 4 for WMB Williams Companies
Accepted 2024-02-26 00:00:00 ET · period of report 2024-02-22 · accession 0000107263-24-000029 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-02-26 | 2024-02-22 | WMB | Ormond Eric J | SVP | A - Grant | $0.00 | +15.8K | 15.8K | New | $0 |
| D | 2024-02-26 | 2024-02-22 | WMB | Ormond Eric J | SVP | A - Grant | $0.00 | +16.1K | 16.1K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-02-22 | A | A | 15,759 | $0.00 | 15,759 | D | — | — | (F1) Time-based restricted stock units convert into common stock on a one-for-one basis. |
| 2 | Derivative | Restricted Stock Units | 2024-02-22 | A | A | 16,115 | $0.00 | 16,115 | D | $0.00 · 2027-02-22 to 2027-02-22 | 16,115 Common Stock | (F2) Vesting is subject to applicable grant agreement and Compensation and Management Development Committee certification that the Company has met applicable performance requirements. Return on capital employed and available funds from operations per share are each weighted at 50 percent and are measured against predetermined targets. Additionally, relative total shareholder return is used as a performance modifier potentially increasing or decreasing the calculated result by up to 25%. The final potential payout will range from 0 percent to 200 percent of the above reported number of units. (F3) Performance-based restricted stock units convert into common stock on a one-for-one basis. |