UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): February 20, 2017
The Williams Companies, Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 001-04174 | 73-0569878 | ||
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
| One Williams Center, Tulsa, Oklahoma | 74172 | |||
| (Address of Principal Executive Offices) | (Zip Code) | |||
918-573-2000
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule14a-12 under the Exchange Act (17 CFR240-14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule14d-2(b) under the Exchange Act (17 CFR240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule13e-4(c) under the Exchange Act (17 CFR240.13e-4(c)) |
| Item 5.02(e) | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
The Williams Companies, Inc. (the “Company”), has entered into an arrangement with each of its named executive officers whereby if such officer’s employment with the Company involuntarily terminates (other than for cause) on or prior to December 31, 2018, such officer shall receive two times the officer’s annual base salary plus two times their annual target bonus, and other benefits provided under the Company’s Executive Severance Pay Plan, or shall receive otherwise equivalent benefits.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, Williams has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| THE WILLIAMS COMPANIES, INC. | ||||||
| Date: February 23, 2017 | /s/ Robert E. Riley, Jr. | |||||
| Name: Robert E. Riley, Jr. | ||||||
| Title: Assistant Secretary | ||||||