Elena G. Mendel - Dec 1, 2022 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)

Role
Controller & Pr. Acct. Officer
Signature
J. P. Baetzhold, Attorney in Fact
Stock symbol
NFG
Transactions as of
Dec 1, 2022
Transactions value $
-$84,360
Form type
4
Date filed
12/5/2022, 04:32 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 Other $1.96K +31 +0.72% $63.17 4.33K Jan 14, 2022 Direct F1
transaction NFG Common Stock Other $1.97K +28 +0.65% $70.40 4.36K Apr 15, 2022 Direct F1
transaction NFG Common Stock Other $2.06K +32 +0.73% $64.28 4.39K Jul 15, 2022 Direct F1
transaction NFG Common Stock Other $2.09K +33 +0.75% $63.27 4.42K Oct 14, 2022 Direct F1
transaction NFG Common Stock Award $0 +2.17K +48.96% $0.00 6.59K Dec 1, 2022 Direct
transaction NFG Common Stock Tax liability -$51.5K -781 -11.86% $65.92 5.81K Dec 1, 2022 Direct F2
transaction NFG Common Stock Award $0 +1.4K +24.16% $0.00 7.21K Dec 1, 2022 Direct
transaction NFG Common Stock Tax liability -$33.4K -506 -7.02% $65.92 6.7K Dec 1, 2022 Direct F3
transaction NFG Common Stock Options Exercise +327 +4.88% 7.03K Dec 2, 2022 Direct F4
transaction NFG Common Stock Tax liability -$7.59K -118 -1.68% $64.34 6.91K Dec 2, 2022 Direct F5
holding NFG Common Stock 5.81K Dec 1, 2022 401K Trust F6

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 +955 $0.00 955 Dec 1, 2022 Common Stock 955 Direct F7, F8
transaction NFG Restricted Stock Units Options Exercise $0 -327 -33.33% $0.00 654 Dec 2, 2022 Common Stock 327 Direct F4, F9
* 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 1, 2022, the reporting person had 781 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 1, 2022, the reporting person had 506 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 Restricted stock units convert into common stock on a one-for-one basis.
F5 On December 2, 2022, the reporting person had 118 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.
F6 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, 2022, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
F7 Each restricted stock unit represents a contingent right to receive one share of NFG common stock.
F8 On December 1, 2022, the reporting person was granted 955 restricted stock units, vesting as follows: 318 on December 1, 2023, 318 on December 1, 2024, and 319 on December 1, 2025.
F9 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.