Michael W. Reville - Dec 2, 2024 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)

Signature
J. P. Baetzhold, Attorney in Fact
Stock symbol
NFG
Transactions as of
Dec 2, 2024
Transactions value $
-$17,900
Form type
4
Date filed
12/3/2024, 05:52 PM
Previous filing
Sep 25, 2024
Next filing
Dec 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFG Common Stock Options Exercise +555 +6.77% 8.76K Dec 2, 2024 Direct F1
transaction NFG Common Stock Tax liability -$17.9K -284 -3.24% $63.03 8.47K Dec 2, 2024 Direct F2
holding NFG Common Stock 14.2K Dec 2, 2024 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 Options Exercise $0 -555 -100% $0.00 0 Dec 2, 2024 Common Stock 555 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 On December 2, 2024, the reporting person had 284 shares withheld and cancelled in respect of taxes in connection with 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.
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 2, 2024, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
F4 On December 2, 2021, the reporting person was granted 1,663 restricted stock units, vesting as follows: 554 on December 2, 2022, 554 on December 2, 2023, and 555 on December 2, 2024.