Form 4 for NFG NATIONAL FUEL GAS CO
Accepted 2022-03-15 00:00:00 ET · period of report 2022-03-14 · accession 0001562180-22-002653 · 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 | 2022-03-15 | 2022-03-14 | NFG | Bauer David P | Pres, CEO, Dir | D - Sale to Iss | $65.72 | -8,580 | 72.3K | -11% | -$563.9K |
| D | 2022-03-15 | 2022-03-14 | NFG | Bauer David P | Pres, CEO, Dir | F - Tax | $65.72 | -739 | 71.6K | -1% | -$48.6K |
| D | 2022-03-15 | 2022-03-14 | NFG | Bauer David P | Pres, CEO, Dir | M - OptEx | $53.05 | +10.6K | 80.9K | +15% | +$563.9K |
| D | 2022-03-15 | 2022-03-14 | NFG | Bauer David P | Pres, CEO, Dir | M - OptEx | $0.00 | -10.6K | 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 | 2022-03-14 | D | D | 8,580 | $65.72 | 72,327 | D | — | — | (F1) On March 14, 2022, the reporting person exercised a stock appreciation right with respect to 10,629 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 8,580 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 739 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 | 2022-03-14 | F | D | 739 | $65.72 | 71,588 | D | — | — | (F1) On March 14, 2022, the reporting person exercised a stock appreciation right with respect to 10,629 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 8,580 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 739 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 | 2022-03-14 | M | A | 10,629 | $53.05 | 80,907 | D | — | — | |
| 4 | Derivative | Stock Appreciation Right | 2022-03-14 | M | D | 10,629 | $0.00 | 0 | D | $53.05 · — to 2022-12-19 | 10,629 Common Stock | (F3) On December 19, 2012, the reporting person was granted 10,629 stock appreciation rights, vesting as follows: 3,543 on December 19, 2013, 3,543 on December 19, 2014, and 3,543 on December 19, 2015. |