Donna L. DeCarolis - 02 Dec 2021 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)

Role: President - NFG Dist. Corp.
Signature: J. P. Baetzhold, Attorney in Fact
Issuer symbol: NFG
Transactions as of: 02 Dec 2021
Net transactions value: -$325,168
Form type: 4
Filing time: 06 Dec 2021, 17:24:05 UTC
Previous filing: 12 Nov 2021
Next filing: 13 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NFG	Common Stock	Award	$0	+6,865	+11%	$0.000000	71,396	02 Dec 2021	Direct
transaction	NFG	Common Stock	Tax liability	$155,771	-2,618	-3.7%	$59.50	68,778	02 Dec 2021	Direct	F1
transaction	NFG	Common Stock	Award	$0	+7,466	+11%	$0.000000	76,244	02 Dec 2021	Direct
transaction	NFG	Common Stock	Tax liability	$169,396	-2,847	-3.7%	$59.50	73,397	02 Dec 2021	Direct	F2
holding	NFG	Common Stock						21,758	02 Dec 2021	401K Trust	F3
holding	NFG	Common Stock						266	02 Dec 2021	ESOP Trust	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 2, 2021, the reporting person had 2,618 shares withheld and cancelled to cover minimum required tax withholdings due to the vesting of performance shares. These share cancellations are shown on Table I as dispositions (Transaction Code "D" in Column 4), although none of these cancelled shares were sold into the market, as indicated by Transaction Code "F" in Column 3.
F2	On December 2, 2021, the reporting person had 2,847 shares withheld and cancelled to cover minimum required tax withholdings due to the vesting of performance shares. These share cancellations are shown on Table I as dispositions (Transaction Code "D" in Column 4), although none of these cancelled shares were sold into the market, as indicated by Transaction Code "F" in Column 3.
F3	The NFG stock fund under the NFG 401(k) plan is denominated in units, representing ownership interests in a fund that includes both NFG common stock and a reserve of cash. The information reported represents the dollar value of the reporting person's balance in the NFG stock fund as of December 2, 2021, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
F4	The NFG employee stock ownership plan is denominated in units, representing ownership interests in a fund that includes both NFG common stock and a reserve of cash. The information reported represents the dollar value of the reporting person's balance in the ESOP as of December 2, 2021, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.