Michael P. Kasprzak - 09 Dec 2021 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)

Role
President NFG Midstream Co
Signature
J. P. Baetzhold, Attorney in Fact
Issuer symbol
NFG
Transactions as of
09 Dec 2021
Net transactions value
-$19,032
Form type
4
Filing time
13 Dec 2021, 15:59:30 UTC
Previous filing
06 Dec 2021
Next filing
20 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 Options Exercise +492 +3.1% 16,371 09 Dec 2021 Direct F1
transaction NFG Common Stock Tax liability $8,963 -144 -0.88% $62.24 16,227 09 Dec 2021 Direct F2
transaction NFG Common Stock Options Exercise +555 +3.4% 16,782 10 Dec 2021 Direct F1
transaction NFG Common Stock Tax liability $10,070 -162 -0.97% $62.16 16,620 10 Dec 2021 Direct F3
holding NFG Common Stock 5,757 09 Dec 2021 401K Trust F4
holding NFG Common Stock 1,498 09 Dec 2021 ESOP Trust F5

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 Options Exercise $0 -492 -50% $0.000000 493 09 Dec 2021 Common Stock 492 Direct F1, F6
transaction NFG Restricted Stock Units Options Exercise $0 -555 -33% $0.000000 1,112 10 Dec 2021 Common Stock 555 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 On December 9, 2021, the reporting person had 144 shares withheld and cancelled to cover minimum required tax withholdings due to the vesting of restricted stock units. 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 10, 2021, the reporting person had 162 shares withheld and cancelled to cover minimum required tax withholdings due to the vesting of restricted stock units. 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 10,2021, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
F5 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 10, 2021, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
F6 On December 9, 2019, the reporting person was granted 1,477 restricted stock units, vesting as follows: 492 on December 9, 2020, 492 on December 9, 2021, and 493 on December 9, 2022.
F7 On December 10, 2020, the reporting person was granted 1,667 restricted stock units, vesting as follows: 555 on December 10, 2021, 556 on December 10, 2022, and 556 on December 10, 2023.