Donna L. DeCarolis - Dec 1, 2022 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)

Role
President - NFG Dist. Corp.
Signature
J. P. Baetzhold, Attorney in Fact
Stock symbol
NFG
Transactions as of
Dec 1, 2022
Transactions value $
-$455,001
Form type
4
Date filed
12/5/2022, 04:26 PM
Previous filing
Dec 20, 2021
Next filing
Dec 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFG Common Stock Award $0 +10.7K +16.14% $0.00 77K Dec 1, 2022 Direct
transaction NFG Common Stock Tax liability -$254K -3.86K -5.01% $65.92 73.1K Dec 1, 2022 Direct F1
transaction NFG Common Stock Award $0 +6.93K +9.48% $0.00 80.1K Dec 1, 2022 Direct
transaction NFG Common Stock Tax liability -$201K -3.05K -3.8% $65.92 77K Dec 1, 2022 Direct F2
holding NFG Common Stock 22.6K Dec 1, 2022 401K Trust F3
holding NFG Common Stock 273 Dec 1, 2022 ESOP Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 1, 2022, the reporting person had 3,857 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.
F2 On December 1, 2022, the reporting person had 3,045 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 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 1, 2022, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
F4 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 1, 2022, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.