Martin A. Krebs - Dec 19, 2021 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)

Signature
J. P. Baetzhold, Attorney in Fact
Stock symbol
NFG
Transactions as of
Dec 19, 2021
Transactions value $
-$7,298
Form type
4
Date filed
12/20/2021, 04:56 PM
Previous filing
Dec 13, 2021
Next filing
Dec 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFG Common Stock Options Exercise +306 +8.97% 3.72K Dec 19, 2021 Direct F1
transaction NFG Common Stock Tax liability -$7.3K -117 -3.15% $62.38 3.6K Dec 19, 2021 Direct F2
holding NFG Common Stock 1.02K Dec 19, 2021 401K Trust F3

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 -306 -100% $0.00* 0 Dec 19, 2021 Common Stock 306 Direct F1, F4
* 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 19, 2021, the reporting person had 117 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 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 17, 2021, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
F4 On December 19, 2018, the reporting person was granted 918 restricted stock units, vesting as follows: 306 on December 19, 2019, 306 on December 19, 2020, and 306 on December 19, 2021.