Justin I. Loweth - 02 Dec 2021 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)

Role
Pres - Seneca Resources
Signature
J. P. Baetzhold, Attorney in Fact
Issuer symbol
NFG
Transactions as of
02 Dec 2021
Net transactions value
-$139,744
Form type
4
Filing time
06 Dec 2021, 17:43:37 UTC
Previous filing
22 Sep 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 Other $2,150 +42 +0.21% $51.19 20,405 16 Jul 2021 Direct F1
transaction NFG Common Stock Other $2,215 +38 +0.19% $58.29 20,443 15 Oct 2021 Direct F1
transaction NFG Common Stock Award $0 +4,762 +23% $0.000000 25,205 02 Dec 2021 Direct
transaction NFG Common Stock Tax liability $69,020 -1,160 -4.6% $59.50 24,045 02 Dec 2021 Direct F2
transaction NFG Common Stock Award $0 +5,179 +22% $0.000000 29,224 02 Dec 2021 Direct
transaction NFG Common Stock Tax liability $75,089 -1,262 -4.3% $59.50 27,962 02 Dec 2021 Direct F3
holding NFG Common Stock 8,723 02 Dec 2021 401K Trust F4
holding NFG Common Stock 225 02 Dec 2021 Held by Spouse
holding NFG Common Stock 300 02 Dec 2021 Held by Son
holding NFG Common Stock 200 02 Dec 2021 Held by Daughter

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 +9,195 $0.000000 9,195 02 Dec 2021 Common Stock 9,195 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 1,160 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 1,262 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 9,195 restricted stock units, vesting as follows: 3,065 on December 2, 2022, 3,065 on December 2, 2023, and 3,065 on December 2, 2024.