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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-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): December 30, 1996.
The Williams Companies, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 1-4174 73-0569878
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(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
One Williams Center, Tulsa, Oklahoma 74172
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 918/588-2000
Not Applicable
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(Former name or former address, if changed since last report)
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Item 5. Other Events.
The Williams Companies, Inc. (the "Company") is party to a Rights
Agreement, dated as of February 6, 1996 (the "Rights Agreement"), with First
Chicago Trust Company of New York. On December 30, 1996, the Company
distributed one share of Common Stock of the Company, $1 par value, for every
two shares of Common Stock outstanding on December 6, 1996, pursuant to a 3-for
2 stock split. As a result of the stock split, the number of Rights (as
defined in the Rights Agreement) to which each share of Common Stock is
entitled, will be adjusted from one whole Right to two-thirds of a Right per
share pursuant to the provisions of Section 11(p) of the Rights Agreement.
Item 7. Financial Statements and Exhibits.
(4.1) Rights Agreement, dated as of February 6, 1996, between the
Company and First Chicago Trust Company of New York (filed as
Exhibit 4 to the Company's Form 8-K, filed January 24, 1996).
Such Exhibit has heretofore been filed with the Securities and
Exchange Commission as part of the filing indicated and is
incorporated herein by reference.
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Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
THE WILLIAMS COMPANIES, INC.
Date: December 30, 1996 By: /s/ DAVID M. HIGBEE
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Name: David M. Higbee
Title: Secretary
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