| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NFG | Common Stock | Gift | $0 | -1,500 | -0.48% | $0.000000 | 311,748 | 07 Dec 2022 | Direct | |
| transaction | NFG | Common Stock | Options Exercise | $2,278,442 | +42,953 | +14% | $53.04 | 354,701 | 12 Dec 2022 | Direct | |
| transaction | NFG | Common Stock | Disposed to Issuer | $2,278,502 | -35,635 | -10% | $63.94 | 319,066 | 12 Dec 2022 | Direct | F1 |
| holding | NFG | Common Stock | 29,312 | 12 Dec 2022 | 401k Trust | F2 | |||||
| holding | NFG | Common Stock | 2,992 | 12 Dec 2022 | ESOP Trust | F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NFG | Stock Appreciation Right | Options Exercise | $0 | -42,953 | -100% | $0.000000* | 0 | 12 Dec 2022 | Common Stock | 42,953 | $53.04 | Direct | F4 |
| Id | Content |
|---|---|
| F1 | On December 12, 2022, the reporting person exercised a stock appreciation right with respect to 42,953 shares of Common Stock of the Company. In connection with this exercise, the reporting person was deemed to have sold back to the Company shares of Common Stock of the Company having a value equal to the exercise price of the stock appreciation right. This deemed sale of 35,635 shares is shown on Table I as a disposition (Transaction Code "D" in column 4), although none of these shares were sold into the open market, as indicated by Transaction Code "D" in column 3. |
| F2 | 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 12, 2022, as reported by the plan administrator, divided by the closing price of NFG common stock on that date. |
| F3 | 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 12, 2022, as reported by the plan administrator, divided by the closing price of NFG common stock on that date. |
| F4 | On December 19, 2012, the reporting person was granted 42,953 stock appreciation rights, vesting as follows: 14,317 on December 19, 2013, 14,318 on December 19, 2014, and 14,318 on December 19, 2015. |