Elena G. Mendel - Dec 5, 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 5, 2024
Transactions value $
-$45,909
Form type
4
Date filed
12/9/2024, 06:27 PM
Previous filing
Dec 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFG Common Stock Award $0 +863 +8.07% $0.00 11.6K Dec 5, 2024 Direct
transaction NFG Common Stock Tax liability -$27.6K -441 -3.81% $62.57 11.1K Dec 5, 2024 Direct F1
transaction NFG Common Stock Award $0 +159 +1.43% $0.00 11.3K Dec 5, 2024 Direct
transaction NFG Common Stock Tax liability -$5.13K -82 -0.73% $62.57 11.2K Dec 5, 2024 Direct F2
transaction NFG Common Stock Options Exercise +421 +3.76% 11.6K Dec 6, 2024 Direct F3
transaction NFG Common Stock Tax liability -$13.2K -215 -1.85% $61.34 11.4K Dec 6, 2024 Direct F4
holding NFG Common Stock 6.95K Dec 5, 2024 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 Restricted Stock Units Award $0 +1.08K $0.00 1.08K Dec 5, 2024 Common Stock 1.08K Direct F6, F7
transaction NFG Restricted Stock Units Options Exercise $0 -421 -33.33% $0.00 842 Dec 6, 2024 Common Stock 421 Direct F6, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 5, 2024, the reporting person had 441 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 5, 2024, the reporting person had 82 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 Restricted stock units convert into common stock on a one-for-one basis.
F4 On December 6, 2024, the reporting person had 215 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.
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 6, 2024, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
F6 Each restricted stock unit represents a contingent right to receive one share of NFG common stock.
F7 On December 5, 2024, the reporting person was granted 1,078 restricted stock units, vesting as follows: 359 on December 5, 2025, 359 on December 5, 2026, and 360 on December 5, 2027.
F8 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.