SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 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 (Last) (First) (Middle) ONE WILLIAMS CENTER (Street) TULSA OK 74172 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 04/01/2008	3. Issuer Name and Ticker or Trading Symbol WILLIAMS COMPANIES INC [ WMB ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Senior Vice President	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	7,261	I	By Plan(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Options (Right to Buy)	(2)	02/05/2014	Common Stock	25,000	9.93	D
Employee Options (Right to Buy)	(3)	02/25/2015	Common Stock	23,000	19.29	D
Employee Options (Right to Buy)	(4)	03/03/2016	Common Stock	11,738	21.67	D
Employee Options (Right to Buy)	(5)	02/26/2017	Common Stock	10,174	28.3	D
Employee Options (Right to Buy)	(6)	02/25/2018	Common Stock	9,235	36.5	D
Restricted Stock Units(7)	03/03/2009	03/03/2009	Common Stock	6,781	(8)	D
Restricted Stock Units	03/03/2009	03/03/2009	Common Stock	5,086	(8)	D
Restricted Stock Units(7)	02/26/2010	02/26/2010	Common Stock	5,339	(8)	D
Restricted Stock Units	02/26/2010	02/26/2010	Common Stock	4,005	(8)	D
Restricted Stock Units(7)	02/25/2011	02/25/2011	Common Stock	4,829	(8)	D
Restricted Stock Units	02/25/2011	02/25/2011	Common Stock	3,622	(8)	D

Explanation of Responses:

1. Represents total shares of the Company's common stock held in the Investment Plus Plan.

2. 8,333 vested 2/5/2005, 8,333 vested 2/5/2006 and 8,334 vested 2/5/2007.

3. 7,666 vested 2/25/06, 7,667 vested 2/25/07 and 7,667 vested 2/25/08.

4. 3,912 vested 3/3/2007, 3,913 vested 3/3/2008 and 3,913 will vest 3/3/2009.

5. 3,391 vested 02/26/2008, 3,391 will vest 02/26/2009 and 3,392 will vest 02/26/2010.

6. 3,078 will vest 02/25/2009, 3,078 will vest 02/25/2010 and 3,079 will vest 02/25/2011.

7. Vesting 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 an improvement in the Company's Economic Value Added over the three year period.

8. 1-for-1

Remarks:

	Cher S. Lawrence, Attorney-in-Fact for Ms. Robyn L. Ewing	04/01/2008
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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