Form 4 for NFG NATIONAL FUEL GAS CO
Accepted 2021-12-20 00:00:00 ET · period of report 2021-12-19 · accession 0001562180-21-007802 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-12-20 | 2021-12-19 | NFG | Kasprzak Michael P | Pres NFG Midstream Co | D - Sale to Iss | $62.38 | -884 | 17.0K | -5% | -$55.1K |
| DM | 2021-12-20 | 2021-12-19 | NFG | Kasprzak Michael P | Pres NFG Midstream Co | M - OptEx | $55.09 | +1,372 | 17.0K | +9% | +$75.6K |
| DM | 2021-12-20 | 2021-12-19 | NFG | Kasprzak Michael P | Pres NFG Midstream Co | F - Tax | $62.38 | -143 | 17.0K | -0.8% | -$8,920 |
| DM | 2021-12-20 | 2021-12-19 | NFG | Kasprzak Michael P | Pres NFG Midstream Co | M - OptEx | $0.00 | -1,372 | 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 | 2021-12-19 | D | D | 884 | $62.38 | 16,999 | D | — | — | (F3) On December 19, 2021, the reporting person exercised a stock appreciation right with respect to 1,000 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 884 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 34 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. |
| 2 | Common | Common Stock | 2021-12-19 | M | A | 1,000 | $55.09 | 17,883 | D | — | — | |
| 3 | Common | Common Stock | 2021-12-19 | F | D | 109 | $62.38 | 16,883 | D | — | — | (F2) On December 19, 2021, the reporting person had 109 shares withheld and cancelled to cover minimum required tax withholdings due to 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. |
| 4 | Common | Common Stock | 2021-12-19 | M | A | 372 | — | 16,992 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. |
| 5 | Common | Common Stock | 2021-12-19 | F | D | 34 | $62.38 | 16,965 | D | — | — | (F3) On December 19, 2021, the reporting person exercised a stock appreciation right with respect to 1,000 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 884 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 34 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 | Derivative | Stock Appreciation Right | 2021-12-19 | M | D | 1,000 | $0.00 | 0 | D | $55.09 · 2014-12-19 to 2021-12-19 | 1,000 Common Stock | |
| 7 | Derivative | Restricted Stock Units | 2021-12-19 | M | D | 372 | $0.00 | 0 | D | — · — to — | 372 Common Stock | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F6) On December 19, 2018, the reporting person was granted 1,114 restricted stock units, vesting as follows: 371 on December 19, 2019, 371 on December 19, 2020, and 372 on December 19, 2021. |