Sec Form 4 Filing - Ewing Robyn L @ WILLIAMS COMPANIES INC - 2014-02-24

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Ewing Robyn L
2. Issuer Name and Ticker or Trading Symbol
WILLIAMS COMPANIES INC [ WMB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Senior Vice President
(Last) (First) (Middle)
ONE WILLIAMS CENTER
3. Date of Earliest Transaction (MM/DD/YY)
02/24/2014
(Street)
TULSA, OK74172
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock ( 1 ) 02/24/2014 M 37,224 A $ 0 184,578 D
Common Stock 02/24/2014 F 15,032 D $ 41.77 169,546 D
Common Stock ( 1 ) 02/24/2014 M 20,413 A $ 0 189,959 D
Common Stock 02/24/2014 F 9,017 D $ 41.77 180,942 D
Common Stock ( 2 ) 02/25/2014 S 11,396 D $ 41.52 169,546 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 3 ) $ 0 02/24/2014 A 16,811 02/24/2014 02/24/2014 Common Stock 16,811 $ 0 37,224 D
Restricted Stock Units ( 1 ) $ 0 02/24/2013 M 37,224 02/24/2014 02/24/2014 Common Stock 37,224 $ 0 0 D
Restricted Stock Units ( 1 ) $ 0 02/24/2014 M 20,413 02/24/2014 02/24/2014 Common Stock 20,413 $ 0 0 D
Restricted Stock Units ( 4 ) $ 0 02/24/2014 A 10,946 02/24/2017 02/24/2017 Common Stock 10,946 $ 0 10,946 D
Restricted Stock Units $ 0 02/24/2014 A 7,541 02/24/2017 02/24/2017 Common Stock 7,541 $ 0 7,541 D
Employee Options (Right to Buy) $ 41.77 02/24/2014 A 7,604 02/24/2015 02/24/2024 Common Stock 7,604 $ 0 7,604 D
Employee Options (Right to Buy) $ 41.77 02/24/2014 A 7,605 02/24/2016 02/24/2024 Common Stock 7,065 $ 0 7,065 D
Employee Option (Right to Buy) $ 41.77 02/24/2014 A 7,605 02/24/2017 02/24/2024 Common Stock 7,065 $ 0 7,065 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Ewing Robyn L
ONE WILLIAMS CENTER
TULSA, OK74172
Senior Vice President
Signatures
Cher S. Lawrence, Attorney-in-Fact for Ms. Robyn L. Ewing 02/26/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Payout 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.
( 2 )Represents shares sold pursuant to a 10b5-1 Sales Plan entered into between Reporting Person and Broker on June 13, 2013.
( 3 )Represents restricted stock units acquired pursuant to the 2011 performance-based RSU grant agreement resulting from the performance of defined relative and absolute Total Shareholder Return ("TSR") metrics, as certified by the compensation committee.
( 4 )Vesting is subject to applicable grant agreement and compensation committee certification that the Company has met the three year performance measure. The specific performance measure will be based on total shareholder return with absolute and relative dependent measures.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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