Donna L. DeCarolis - Dec 2, 2021 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)

Role
President - NFG Dist. Corp.
Signature
J. P. Baetzhold, Attorney in Fact
Stock symbol
NFG
Transactions as of
Dec 2, 2021
Transactions value $
-$325,168
Form type
4
Date filed
12/6/2021, 05:24 PM
Previous filing
Nov 12, 2021
Next filing
Dec 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFG Common Stock Award $0 +6.87K +10.64% $0.00 71.4K Dec 2, 2021 Direct
transaction NFG Common Stock Tax liability -$156K -2.62K -3.67% $59.50 68.8K Dec 2, 2021 Direct F1
transaction NFG Common Stock Award $0 +7.47K +10.86% $0.00 76.2K Dec 2, 2021 Direct
transaction NFG Common Stock Tax liability -$169K -2.85K -3.73% $59.50 73.4K Dec 2, 2021 Direct F2
holding NFG Common Stock 21.8K Dec 2, 2021 401K Trust F3
holding NFG Common Stock 266 Dec 2, 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.