Timothy J. Silverstein - 05 Dec 2024 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)

Signature
J. P. Baetzhold, Attorney in Fact
Issuer symbol
NFG
Transactions as of
05 Dec 2024
Net transactions value
-$72,881
Form type
4
Filing time
09 Dec 2024, 18:28:26 UTC
Previous filing
03 Dec 2024
Next filing
10 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFG Common Stock Award $0 +757 +17% $0.000000 5,113 05 Dec 2024 Direct
transaction NFG Common Stock Tax liability $24,213 -387 -7.6% $62.56 4,726 05 Dec 2024 Direct F1
transaction NFG Common Stock Award $0 +140 +3% $0.000000 4,866 05 Dec 2024 Direct
transaction NFG Common Stock Tax liability $4,505 -72 -1.5% $62.56 4,794 05 Dec 2024 Direct F2
transaction NFG Common Stock Options Exercise +1,409 +29% 6,203 06 Dec 2024 Direct F3
transaction NFG Common Stock Tax liability $44,163 -720 -12% $61.34 5,483 06 Dec 2024 Direct F4
holding NFG Common Stock 4,371 05 Dec 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 +4,115 $0.000000 4,115 05 Dec 2024 Common Stock 4,115 Direct F6, F7
transaction NFG Restricted Stock Units Options Exercise $0 -1,409 -33% $0.000000 2,818 06 Dec 2024 Common Stock 1,409 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 387 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 72 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 720 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 4,115 restricted stock units, vesting as follows: 1,371 on December 5, 2025, 1,372 on December 5, 2026, and 1,372 on December 5, 2027.
F8 On December 6, 2023, the reporting person was granted 4,227 restricted stock units, vesting as follows: 1,409 on December 6, 2024, 1,409 on December 6, 2025, and 1,409 on December 6, 2026.