Martin A. Krebs - Dec 1, 2023 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)

Role
Chief Information Officer
Signature
J. P. Baetzhold, Attorney in Fact
Stock symbol
NFG
Transactions as of
Dec 1, 2023
Transactions value $
$20,548
Form type
4
Date filed
12/5/2023, 07:15 PM
Previous filing
Dec 13, 2022
Next filing
Dec 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFG Common Stock Other $1.73K +28 +0.76% $61.61 3.73K Jan 13, 2023 Direct F1
transaction NFG Common Stock Other $1.79K +32 +0.86% $56.03 3.76K Apr 14, 2023 Direct F1
transaction NFG Common Stock Other $1.88K +37 +0.98% $50.87 3.8K Jul 14, 2023 Direct F1
transaction NFG Common Stock Other $1.89K +35 +0.92% $54.13 3.84K Oct 13, 2023 Direct F1
transaction NFG Common Stock Options Exercise +644 +16.79% 4.48K Dec 1, 2023 Direct F2
transaction NFG Common Stock Disposed to Issuer -644 -14.38% 3.84K Dec 1, 2023 Direct F3
transaction NFG Common Stock Options Exercise +658 +17.16% 4.49K Dec 2, 2023 Direct F2
transaction NFG Common Stock Disposed to Issuer -658 -14.65% 3.84K Dec 2, 2023 Direct F4
holding NFG Common Stock 1.71K Dec 1, 2023 401K Trust F5

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 Deferred Stock Units Other $3.21K +52 +0.77% $61.80 6.8K Jan 13, 2023 Common Stock 52 Direct F6, F7, F8
transaction NFG Deferred Stock Units Other $3.2K +57 +0.84% $56.11 6.86K Apr 14, 2023 Common Stock 57 Direct F6, F7, F8
transaction NFG Deferred Stock Units Other $3.39K +67 +0.98% $50.61 6.92K Jul 14, 2023 Common Stock 67 Direct F6, F7, F8
transaction NFG Deferred Stock Units Other $3.45K +64 +0.92% $53.91 6.99K Oct 13, 2023 Common Stock 64 Direct F6, F7, F8
transaction NFG Restricted Stock Units Options Exercise $0 -644 -33.33% $0.00 1.29K Dec 1, 2023 Common Stock 644 Direct F2, F9
transaction NFG Deferred Stock Units Award +644 +9.22% 7.63K Dec 1, 2023 Common Stock 644 Direct F3, F7, F8
transaction NFG Restricted Stock Units Options Exercise $0 -658 -49.96% $0.00 659 Dec 2, 2023 Common Stock 658 Direct F2, F10
transaction NFG Deferred Stock Units Award +658 +8.62% 8.29K Dec 2, 2023 Common Stock 658 Direct F4, F7, F8
* 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.
F10 On December 2, 2021, the reporting person was granted 1,975 restricted stock units, vesting as follows: 658 on December 2, 2022, 658 on December 2, 2023, and 659 on December 2, 2024.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 In connection with the vesting on December 1, 2023 of restricted stock units previously granted to the reporting person, the reporting person's receipt of 644 shares of common stock was deferred, resulting in the reporting person's receipt instead of 644 deferred stock units pursuant to National Fuel Gas Company's deferred compensation plan. The reporting person is therefore reporting the disposition of 644 shares of common stock in exchange for an equal number of deferred stock units.
F4 In connection with the vesting on December 2, 2023 of restricted stock units previously granted to the reporting person, the reporting person's receipt of 658 shares of common stock was deferred, resulting in the reporting person's receipt instead of 658 deferred stock units pursuant to National Fuel Gas Company's deferred compensation plan. The reporting person is therefore reporting the disposition of 658 shares of common stock in exchange for an equal number of deferred stock units.
F5 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, 2023, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
F6 Acquired through dividend reinvestment feature of the National Fuel Gas Company Deferred Compensation Plan for Directors and Officers, exempt under Rule 16a-11.
F7 Each deferred stock unit is the economic equivalent of one share of common stock.
F8 The deferred stock units become payable, in shares of common stock, after the reporting person's termination of service, pursuant to the reporting person's distribution election under National Fuel Gas Company's Deferred Compensation Plan for Directors and Officers.
F9 On December 1, 2022, the reporting person was granted 1,932 restricted stock units, vesting as follows: 644 on December 1, 2023, 644 on December 1, 2024, and 644 on December 1, 2025.