Elena G. Mendel - 06 Dec 2023 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)

Role: Controller & Pr. Acct. Officer
Signature: J. P. Baetzhold, Attorney in Fact
Issuer symbol: NFG
Transactions as of: 06 Dec 2023
Net transactions value: -$88,874
Form type: 4
Filing time: 08 Dec 2023, 16:32:59 UTC
Previous filing: 05 Dec 2023
Next filing: 12 Dec 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NFG	Common Stock	Award	$0	+2,267	+28%	$0.000000	10,347	06 Dec 2023	Direct
transaction	NFG	Common Stock	Tax liability	$58,276	-1,158	-11%	$50.32	9,189	06 Dec 2023	Direct	F1
transaction	NFG	Common Stock	Award	$0	+1,190	+13%	$0.000000	10,379	06 Dec 2023	Direct
transaction	NFG	Common Stock	Tax liability	$30,598	-608	-5.9%	$50.32	9,771	06 Dec 2023	Direct	F2
holding	NFG	Common Stock						6,391	06 Dec 2023	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	Award	$0	+1,263		$0.000000	1,263	06 Dec 2023	Common Stock	1,263		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 6, 2023, the reporting person had 1,158 shares withheld and cancelled in respect of taxes in connection with 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 6, 2023, the reporting person had 608 shares withheld and cancelled in respect of taxes in connection with 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 6, 2023, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
F4	Each restricted stock unit represents a contingent right to receive one share of NFG common stock.
F5	On December 6, 2023, the reporting person was granted 1,263 restricted stock units, vesting as follows: 421 on December 6, 2024, 421 on December 6, 2025, and 421 on December 6, 2026.