Form 4 for NFG NATIONAL FUEL GAS CO
Accepted 2024-12-09 00:00:00 ET · period of report 2024-12-05 · accession 0001562180-24-008263 · 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 | 2024-12-09 | 2024-12-05+ | NFG | Bauer David P | Pres, CEO, Dir | D - Sale to Iss | — | -28.6K | 72.0K | -28% | — |
| DM | 2024-12-09 | 2024-12-05+ | NFG | Bauer David P | Pres, CEO, Dir | F - Tax | $62.17 | -1,053 | 88.3K | -1% | -$65.5K |
| DM | 2024-12-09 | 2024-12-05 | NFG | Bauer David P | Pres, CEO, Dir | A - Grant | $0.00 | +20.0K | 91.4K | +28% | $0 |
| D | 2024-12-09 | 2024-12-06 | NFG | Bauer David P | Pres, CEO, Dir | M - OptEx | — | +9,687 | 81.7K | +13% | — |
| DM | 2024-12-09 | 2024-12-05+ | NFG | Bauer David P | Pres, CEO, Dir | A - Grant | $0.00 | +52.7K | 205.2K | +35% | $0 |
| D | 2024-12-09 | 2024-12-06 | NFG | Bauer David P | Pres, CEO, Dir | M - OptEx | $0.00 | -9,687 | 19.4K | -33% | $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 | 2024-12-06 | D | D | 9,343 | — | 72,047 | D | — | — | (F6) In connection with the vesting on December 6, 2024 of restricted stock units previously granted to the reporting person, the reporting person's receipt of 9,343 shares of common stock was deferred, resulting in the reporting person's receipt instead of 9,343 deferred stock units pursuant to National Fuel Gas Company's deferred compensation plan. The reporting person is therefore reporting the disposition of 9,343 shares of common stock in exchange for an equal number of deferred stock units. |
| 2 | Common | Common Stock | 2024-12-06 | F | D | 344 | $61.34 | 81,390 | D | — | — | (F5) On December 6, 2024, the reporting person had 344 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. |
| 3 | Common | Common Stock | 2024-12-05 | A | A | 16,851 | $0.00 | 88,898 | D | — | — | |
| 4 | Common | Common Stock | 2024-12-05 | F | D | 111 | $62.57 | 91,294 | D | — | — | (F2) On December 5, 2024, the reporting person had 111 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. |
| 5 | Common | Common Stock | 2024-12-05 | A | A | 3,105 | $0.00 | 91,405 | D | — | — | |
| 6 | Common | Common Stock | 2024-12-05 | F | D | 598 | $62.57 | 88,300 | D | — | — | (F1) On December 5, 2024, the reporting person had 598 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. |
| 7 | Common | Common Stock | 2024-12-06 | M | A | 9,687 | — | 81,734 | D | — | — | (F4) Restricted stock units convert into common stock on a one-for-one basis. |
| 8 | Common | Common Stock | 2024-12-05 | D | D | 19,247 | — | 72,047 | D | — | — | (F3) In connection with the vesting on December 5, 2024 of performance shares previously granted to the reporting person, the reporting person's receipt of 19,247 shares of common stock was deferred, resulting in the reporting person's receipt instead of 19,247 deferred stock units pursuant to National Fuel Gas Company's deferred compensation plan. The reporting person is therefore reporting the disposition of 19,247 shares of common stock in exchange for an equal number of deferred stock units. |
| 9 | Derivative | Deferred Stock Units | 2024-12-05 | A | A | 19,247 | — | 195,850 | D | — · — to — | 19,247 Common Stock | (F3) In connection with the vesting on December 5, 2024 of performance shares previously granted to the reporting person, the reporting person's receipt of 19,247 shares of common stock was deferred, resulting in the reporting person's receipt instead of 19,247 deferred stock units pursuant to National Fuel Gas Company's deferred compensation plan. The reporting person is therefore reporting the disposition of 19,247 shares of common stock in exchange for an equal number of deferred stock units. (F10) Each deferred stock unit is the economic equivalent of one share of common stock. (F11) The deferred stock units become payable, in shares of common stock, after the reporting person's termination of service, pursuant to the reporting person's distribution election under National Fuel Gas Company's Deferred Compensation Plan for Directors and Officers. |
| 10 | Derivative | Restricted Stock Units | 2024-12-05 | A | A | 24,076 | $0.00 | 24,076 | D | — · — to — | 24,076 Common Stock | (F8) Each restricted stock unit represents a contingent right to receive one share of NFG common stock. (F9) On December 5, 2024, the reporting person was granted 24,076 restricted stock units, vesting as follows: 8,025 on December 5, 2025, 8,025 on December 5, 2026, and 8,026 on December 5, 2027. |
| 11 | Derivative | Restricted Stock Units | 2024-12-06 | M | D | 9,687 | $0.00 | 19,374 | D | — · — to — | 9,687 Common Stock | (F8) Each restricted stock unit represents a contingent right to receive one share of NFG common stock. (F12) On December 6, 2023, the reporting person was granted 29,061 restricted stock units, vesting as follows: 9,687 on December 6, 2024, 9,687 on December 6, 2025, and 9,687 on December 6, 2026. |
| 12 | Derivative | Deferred Stock Units | 2024-12-06 | A | A | 9,343 | — | 205,193 | D | — · — to — | 9,343 Common Stock | (F6) In connection with the vesting on December 6, 2024 of restricted stock units previously granted to the reporting person, the reporting person's receipt of 9,343 shares of common stock was deferred, resulting in the reporting person's receipt instead of 9,343 deferred stock units pursuant to National Fuel Gas Company's deferred compensation plan. The reporting person is therefore reporting the disposition of 9,343 shares of common stock in exchange for an equal number of deferred stock units. (F10) Each deferred stock unit is the economic equivalent of one share of common stock. (F11) The deferred stock units become payable, in shares of common stock, after the reporting person's termination of service, pursuant to the reporting person's distribution election under National Fuel Gas Company's Deferred Compensation Plan for Directors and Officers. |