Form 4 for NFG NATIONAL FUEL GAS CO
Accepted 2021-11-12 00:00:00 ET · period of report 2021-11-09 · accession 0001562180-21-007004 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-11-12 | 2021-11-09 | NFG | Mugel Sarah J | GC, Sec | M - OptEx | $53.66 | +6,668 | 22.0K | +43% | +$357.8K |
| DM | 2021-11-12 | 2021-11-09 | NFG | Mugel Sarah J | GC, Sec | D - Sale to Iss | $59.20 | -6,045 | 17.9K | -25% | -$357.9K |
| DM | 2021-11-12 | 2021-11-09 | NFG | Mugel Sarah J | GC, Sec | F - Tax | $59.20 | -238 | 17.7K | -1% | -$14.1K |
| DM | 2021-11-12 | 2021-11-09 | NFG | Mugel Sarah J | GC, Sec | M - OptEx | $0.00 | -6,668 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-11-09 | M | A | 2,000 | $55.09 | 19,292 | D | — | — | |
| 2 | Common | Common Stock | 2021-11-09 | D | D | 1,862 | $59.20 | 17,430 | D | — | — | (F1) On November 9, 2021, the reporting person exercised a stock appreciation right with respect to 2,000 shares of Common Stock of the Company. In connection with this exercise, the reporting person was deemed to have sold back to the Company shares of Common Stock of the Company having a value equal to the exercise price of the stock appreciation right. This deemed sale of 1,862 shares is shown on Table I as a disposition (Transaction Code "D" in column 4), although none of these shares were sold into the open market, as indicated by Transaction Code "D" in column 3. Additionally, the reporting person had 53 shares of Common Stock of the Company withheld and cancelled to cover minimum tax withholding. This share cancellation is shown on Table I as a disposition (Transaction Code "D" in column 4), although none of these shares were sold into the open market, as indicated by Transaction Code "F" in column 3. |
| 3 | Common | Common Stock | 2021-11-09 | F | D | 53 | $59.20 | 17,377 | D | — | — | (F1) On November 9, 2021, the reporting person exercised a stock appreciation right with respect to 2,000 shares of Common Stock of the Company. In connection with this exercise, the reporting person was deemed to have sold back to the Company shares of Common Stock of the Company having a value equal to the exercise price of the stock appreciation right. This deemed sale of 1,862 shares is shown on Table I as a disposition (Transaction Code "D" in column 4), although none of these shares were sold into the open market, as indicated by Transaction Code "D" in column 3. Additionally, the reporting person had 53 shares of Common Stock of the Company withheld and cancelled to cover minimum tax withholding. This share cancellation is shown on Table I as a disposition (Transaction Code "D" in column 4), although none of these shares were sold into the open market, as indicated by Transaction Code "F" in column 3. |
| 4 | Common | Common Stock | 2021-11-09 | M | A | 4,668 | $53.05 | 22,045 | D | — | — | |
| 5 | Common | Common Stock | 2021-11-09 | D | D | 4,183 | $59.20 | 17,862 | D | — | — | (F2) On November 9, 2021, the reporting person exercised a stock appreciation right with respect to 4,668 shares of Common Stock of the Company. In connection with this exercise, the reporting person was deemed to have sold back to the Company shares of Common Stock of the Company having a value equal to the exercise price of the stock appreciation right. This deemed sale of 4,183 shares is shown on Table I as a disposition (Transaction Code "D" in column 4), although none of these shares were sold into the open market, as indicated by Transaction Code "D" in column 3. Additionally, the reporting person had 185 shares of Common Stock of the Company withheld and cancelled to cover minimum tax withholding. This share cancellation is shown on Table I as a disposition (Transaction Code "D" in column 4), although none of these shares were sold into the open market, as indicated by Transaction Code "F" in column 3. |
| 6 | Common | Common Stock | 2021-11-09 | F | D | 185 | $59.20 | 17,677 | D | — | — | (F2) On November 9, 2021, the reporting person exercised a stock appreciation right with respect to 4,668 shares of Common Stock of the Company. In connection with this exercise, the reporting person was deemed to have sold back to the Company shares of Common Stock of the Company having a value equal to the exercise price of the stock appreciation right. This deemed sale of 4,183 shares is shown on Table I as a disposition (Transaction Code "D" in column 4), although none of these shares were sold into the open market, as indicated by Transaction Code "D" in column 3. Additionally, the reporting person had 185 shares of Common Stock of the Company withheld and cancelled to cover minimum tax withholding. This share cancellation is shown on Table I as a disposition (Transaction Code "D" in column 4), although none of these shares were sold into the open market, as indicated by Transaction Code "F" in column 3. |
| 7 | Derivative | Stock Appreciation Right | 2021-11-09 | M | D | 2,000 | $0.00 | 0 | D | $55.09 · 2014-12-19 to 2021-12-19 | 2,000 Common Stock | |
| 8 | Derivative | Stock Appreciation Right | 2021-11-09 | M | D | 4,668 | $0.00 | 0 | D | $53.05 · — to 2022-12-19 | 4,668 Common Stock | (F4) On December 19, 2012, the reporting person was granted 4,668 stock appreciation rights, vesting as follows: 1,556 on December 19, 2013, 1,556 on December 19, 2014, and 1,556 on December 19, 2015. |