WILLIAMS COMPANIES, INC. — Director's Dealing 2021

Feb 24, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WILLIAMS COMPANIES, INC. (WMB)
CIK: 0000107263
Period of Report: 2021-02-22

Reporting Person: Dunn Micheal G. (Executive Vice President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-22	Common Stock	M	72104	$22.91	Acquired	280426	Direct
2021-02-22	Common Stock	F	25554	$22.91	Disposed	254872	Direct
2021-02-22	Common Stock	F	890	$22.91	Disposed	253982	Direct
2021-02-22	Common	F	14318	$22.91	Disposed	239664	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-22	Restcted Stock Units	$0.00	M	72104	Disposed	2021-02-20	Common Stock (72104)	Direct

Footnotes

F1: Payout in shares of common stock of restricted stock units (RSUs), in a transaction exempt under Rules 16b-3(d) and 16b-6(b), as awarded under The Williams Companies, Inc. 2007 Incentive Plan.

F2: Payout in shares of common stock of RSUs awarded pursuant to a 2018 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.

F3: A portion of the RSUs in footnote (2) above were withheld for taxes.

F4: A portion of a 2018 grant of time-based RSUs previously reported on an as-owned basis in Table I were withheld for taxes.