UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Subordinated Units | Â (1) | Â (1) | Common Units | 34,538,061 | $ (1) | D | Â |
Convertible Class B Units | Â (2) | Â (2) | Common Units | 5,929,025 | $ (2) | D | Â |
Subordinated Class C Units | Â (3) | Â (3) | Common Units | 5,599,634 | $ (3) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
WILLIAMS COMPANIES INC ONE WILLIAMS CENTER TULSA, OK 74172 |
 X |  X |  |  |
/s/ Sarah Miller, Corporate Secretary, The Williams Companies, Inc. | 12/28/2012 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Each Subordinated Unit will convert into one Common Unit of the Issuer upon the expiration of the Subordination Period (as defined in the First Amended and Restated Agreement of Limited Partnership of the Issuer, as amended (the "Partnership Agreement")) and other circumstances noted in the Partnership Agreement. |
(2) | Each Convertible Class B Unit will become convertible, at our option or at the option of the Issuer, into one Common Unit of the Issuer on the business day after the record date for the distribution on the Issuer's Common Units for the fiscal quarter ending December 31, 2014, on the terms set forth in the Partnership Agreement. |
(3) | Each Subordinated Class C Unit will become convertible, at our option or at the option of the Issuer, into one Common Unit of the Issuer on the business day after the record date for the distribution on the Issuer's Common Units for the fiscal quarter ending December 31, 2013, on the terms set forth in the Partnership Agreement. |