Form 4 for NFG NATIONAL FUEL GAS CO
Accepted 2022-03-24 00:00:00 ET · period of report 2022-03-23 · accession 0001562180-22-002921 · 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 | 2022-03-24 | 2022-03-23 | NFG | KRAEMER RONALD C | COO | D - Sale to Iss | $65.52 | -3,870 | 47.7K | -8% | -$253.6K |
| D | 2022-03-24 | 2022-03-23 | NFG | KRAEMER RONALD C | COO | M - OptEx | $53.05 | +4,780 | 51.6K | +10% | +$253.6K |
| D | 2022-03-24 | 2022-01-14 | NFG | KRAEMER RONALD C | COO | J - Other | $63.24 | +2 | 46.8K | +0.0% | +$126.48 |
| D | 2022-03-24 | 2022-03-23 | NFG | KRAEMER RONALD C | COO | F - Tax | $65.52 | -328 | 47.4K | -0.7% | -$21.5K |
| D | 2022-03-24 | 2022-03-23 | NFG | KRAEMER RONALD C | COO | M - OptEx | $0.00 | -4,780 | 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 | 2022-03-23 | D | D | 3,870 | $65.52 | 47,707 | D | — | — | (F1) On March 23, 2022, the reporting person exercised a stock appreciation right with respect to 4,780 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 3,870 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 328 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 | 2022-03-23 | M | A | 4,780 | $53.05 | 51,577 | D | — | — | |
| 3 | Common | Common Stock | 2022-01-14 | J | A | 2 | $63.24 | 46,797 | D | — | — | |
| 4 | Common | Common Stock | 2022-03-23 | F | D | 328 | $65.52 | 47,379 | D | — | — | (F1) On March 23, 2022, the reporting person exercised a stock appreciation right with respect to 4,780 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 3,870 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 328 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. |
| 5 | Derivative | Stock Appreciation Right | 2022-03-23 | M | D | 4,780 | $0.00 | 0 | D | $53.05 · — to 2022-12-19 | 4,780 Common Stock | (F4) On December 19, 2012, the reporting person was granted 4,780 stock appreciation rights, vesting as follows: 1,593 on December 19, 2013, 1,593 on December 19, 2014, and 1,594 on December 19, 2015. |