Williams VP converts RSUs, withholds shares for taxes
Williams Companies VP and Chief Accounting Officer Mary A. Hausman reported equity compensation activity tied to a 2023 restricted stock unit grant.
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Rhea-AI Filing Summary
Williams Companies VP and Chief Accounting Officer Mary A. Hausman reported equity compensation activity tied to a 2023 restricted stock unit grant. She exercised 8,559 restricted stock units into 8,559 shares of common stock at a stated price of $72.98 per share and ended with 27,337.041 common shares held directly. Two separate dispositions of 3,422 and 3,425 common shares were made as share withholding to cover tax obligations on both performance-based and time-based RSU vesting, rather than open-market sales.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,559 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,559 | $72.98 | $625K |
| Exercise Price or Tax Liability | Common Stock | 3,422 | $72.98 | $250K |
| Exercise Price or Tax Liability | Common Stock | 3,425 | $72.98 | $250K |
Footnotes (4)
- F1. Shares of common stock vesting pursuant to a 2023 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.
- F2. A portion of the shares of common stock in footnote (1) were withheld by the Issuer to satisfy tax withholdings of the Reporting Person.
- F3. Shares of common stock withheld by Issuer to satisfy tax withholdings of the Reporting Person in connection with a 2023 grant of time-based restricted stock units previously reported on an as-owned basis in Table I.
- F4. Performance-based restricted stock units. Vesting is subject to applicable grant agreement and Compensation and Management Development Committee certification that the Company has met the applicable three year performance measures for certain financial metrics not solely tied to the market price of issuer securities. The payout will range from 0 percent to 200 percent of the awarded number of units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did WMB executive Mary Hausman report on this Form 4?
Were the WMB Form 4 transactions open-market buys or sells of stock?
What type of equity awards were involved in the WMB Form 4 for Mary Hausman?
How are the performance-based RSUs in the WMB Form 4 structured?
AI-generated analysis. How Rhea-AI works. Not financial advice.