Elena G. Mendel - 09 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
09 Dec 2021
Net transactions value
-$21,831
Form type
4
Filing time
13 Dec 2021, 16:00:55 UTC
Previous filing
09 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 +427 +12% 4,045 09 Dec 2021 Direct F1
transaction NFG Common Stock Tax liability $10,145 -163 -4% $62.24 3,882 09 Dec 2021 Direct F2
transaction NFG Common Stock Options Exercise +491 +13% 4,373 10 Dec 2021 Direct F1
transaction NFG Common Stock Tax liability $11,686 -188 -4.3% $62.16 4,185 10 Dec 2021 Direct F3
holding NFG Common Stock 5,417 09 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 Options Exercise $0 -427 -50% $0.000000 427 09 Dec 2021 Common Stock 427 Direct F1, F5
transaction NFG Restricted Stock Units Options Exercise $0 -491 -33% $0.000000 983 10 Dec 2021 Common Stock 491 Direct F1, F6
* 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 163 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 188 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 On December 9, 2019, the reporting person was granted 1,280 restricted stock units, vesting as follows: 426 on December 9, 2020, 427 on December 9, 2021, and 427 on December 9, 2022.
F6 On December 10, 2020, the reporting person was granted 1,474 restricted stock units, vesting as follows: 491 on December 10, 2021, 491 on December 10, 2022, and 492 on December 10, 2023.