Form Type: 4

SEC EDGAR Link
Accession Number:0001562180-21-007004
Date:2021-11-09
Issuer: NATIONAL FUEL GAS CO (NFG)
Original Submission Date:

Reporting Person:

MUGEL SARAH J
6363 MAIN STREET
WILLIAMSVILLE, NY 14221

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-11-09 M 2,000 a $55.09 19,292 direct
COMMON STOCK 2021-11-09 D 1,862 d $59.20 17,430 direct
COMMON STOCK 2021-11-09 F 53 d $59.20 17,377 direct
COMMON STOCK 2021-11-09 M 4,668 a $53.05 22,045 direct
COMMON STOCK 2021-11-09 D 4,183 d $59.20 17,862 direct
COMMON STOCK 2021-11-09 F 185 d $59.20 17,677 direct
COMMON STOCK 2021-11-09 0 $0.00 758 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
STOCK APPRECIATION RIGHT 55.09 2021-11-09 deemed execution date M 2,000 (d) 2014-12-19 2021-12-19 common stock 2,000 $55.09 0 direct
STOCK APPRECIATION RIGHT 53.045 2021-11-09 deemed execution date M 4,668 (d) 2022-12-19 common stock 4,668 $53.05 0 direct
Footnotes
IDfootnote
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.
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.
f3 the nfg stock fund under the nfg 401(k) plan is denominated in units, representing ownership interests in a fund that includes both nfg common stock and a reserve of cash. the information reported represents the dollar value of the reporting person's balance in the nfg stock fund as of november 9, 2021, as reported by the plan administrator, divided by the closing price of nfg common stock on that date.
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.
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