Martin A. Krebs - 02 Dec 2021 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)

Role: Chief Information Officer
Signature: J. P. Baetzhold, Attorney in Fact
Issuer symbol: NFG
Transactions as of: 02 Dec 2021
Net transactions value: -$65,350
Form type: 4
Filing time: 06 Dec 2021, 17:42:49 UTC
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	Other	$349	+8	+1%	$43.67	802	15 Jan 2021	Direct	F1
transaction	NFG	Common Stock	Other	$353	+7	+0.87%	$50.42	809	16 Apr 2021	Direct	F1
transaction	NFG	Common Stock	Other	$358	+7	+0.87%	$51.19	816	16 Jul 2021	Direct	F1
transaction	NFG	Common Stock	Other	$408	+7	+0.86%	$58.29	823	15 Oct 2021	Direct	F1
transaction	NFG	Common Stock	Award	$0	+1,410	+171%	$0.000000	2,233	02 Dec 2021	Direct
transaction	NFG	Common Stock	Tax liability	$32,011	-538	-24%	$59.50	1,695	02 Dec 2021	Direct	F2
transaction	NFG	Common Stock	Award	$0	+1,534	+91%	$0.000000	3,229	02 Dec 2021	Direct
transaction	NFG	Common Stock	Tax liability	$34,808	-585	-18%	$59.50	2,644	02 Dec 2021	Direct	F3
holding	NFG	Common Stock						996	02 Dec 2021	401K 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	+1,975		$0.000000	1,975	02 Dec 2021	Common Stock	1,975		Direct	F5, F6

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

Explanation of Responses:

Id	Content
F1	Acquired through dividend reinvestment plan, exempt under Rule 16a-11.
F2	On December 2, 2021, the reporting person had 538 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	On December 2, 2021, the reporting person had 585 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.
F4	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.
F5	Restricted stock units convert into common stock on a one-for-one basis.
F6	On December 2, 2021, the reporting person was granted 1,975 restricted stock units, vesting as follows: 658 on December 2, 2022, 658 on December 2, 2023, and 659 on December 2, 2024.