Elena G. Mendel - 02 Dec 2021 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)

Role
Controller
Signature
J. P. Baetzhold, Attorney in Fact
Issuer symbol
NFG
Transactions as of
02 Dec 2021
Net transactions value
-$35,753
Form type
4
Filing time
06 Dec 2021, 17:47:37 UTC
Next filing
09 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFG Common Stock Other $1,048 +24 +1% $43.67 2,348 15 Jan 2021 Direct F1
transaction NFG Common Stock Other $1,059 +21 +0.89% $50.42 2,369 16 Apr 2021 Direct F1
transaction NFG Common Stock Other $1,075 +21 +0.89% $51.19 2,390 16 Jul 2021 Direct F1
transaction NFG Common Stock Other $1,049 +18 +0.75% $58.29 2,408 15 Oct 2021 Direct F1
transaction NFG Common Stock Award $0 +843 +35% $0.000000 3,251 02 Dec 2021 Direct
transaction NFG Common Stock Tax liability $19,159 -322 -9.9% $59.50 2,929 02 Dec 2021 Direct F2
transaction NFG Common Stock Award $0 +916 +31% $0.000000 3,845 02 Dec 2021 Direct
transaction NFG Common Stock Tax liability $20,825 -350 -9.1% $59.50 3,495 02 Dec 2021 Direct F3
holding NFG Common Stock 5,393 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 +981 $0.000000 981 02 Dec 2021 Common Stock 981 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 322 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 350 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 981 restricted stock units, vesting as follows: 327 on December 2, 2022, 327 on December 2, 2023, and 327 on December 2, 2024.