Michael P. Kasprzak - Dec 2, 2021 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)

Role
President NFG Midstream Co
Signature
J. P. Baetzhold, Attorney in Fact
Stock symbol
NFG
Transactions as of
Dec 2, 2021
Transactions value $
-$61,999
Form type
4
Date filed
12/6/2021, 05:32 PM
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 +1.71K +12.83% $0.00 15.1K Dec 2, 2021 Direct
transaction NFG Common Stock Tax liability -$29.7K -499 -3.31% $59.50 14.6K Dec 2, 2021 Direct F1
transaction NFG Common Stock Award $0 +1.86K +12.79% $0.00 16.4K Dec 2, 2021 Direct
transaction NFG Common Stock Tax liability -$32.3K -543 -3.31% $59.50 15.9K Dec 2, 2021 Direct F2
holding NFG Common Stock 5.73K Dec 2, 2021 401K Trust F3
holding NFG Common Stock 1.5K Dec 2, 2021 ESOP Trust F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NFG Restricted Stock Units Award $0 +1.68K $0.00 1.68K Dec 2, 2021 Common Stock 1.68K Direct F5, F6
* 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 499 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 543 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.
F5 Each restricted stock unit represents a contingent right to receive one share of NFG common stock.
F6 On December 2, 2021, the reporting person was granted 1,682 restricted stock units, vesting as follows: 560 on December 2, 2022, 561 on December 2, 2023, and 561 on December 2, 2024.