SEC Form 4 · accession 0000070145-15-000013
NATIONAL FUEL GAS CO · NFG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David P Bauer
Officer — Treasurer & Prin. Fin. Officer
Period of report
Feb 19, 2015
Accepted (ET)
Feb 23, 2015 · 4:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000070145
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 19, 2015 | M | 3,000 | $28.155 | A | 12,999 | D | |
| Common StockF1 | Feb 19, 2015 | F | 1,274 | $66.275 | D | 11,725 | D | |
| Common StockF1 | Feb 19, 2015 | F | 671 | $66.275 | D | 11,054 | D | |
| Common Stock | Feb 19, 2015 | M | 3,500 | $35.105 | A | 14,554 | D | |
| Common StockF2 | Feb 19, 2015 | F | 1,853 | $66.275 | D | 12,701 | D | |
| Common StockF2 | Feb 19, 2015 | F | 605 | $66.275 | D | 12,096 | D | |
| Common StockF3 | Feb 19, 2015 | J | 110 | $0.00 | A | 5,453 | I | 401k Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $28.155 | Feb 19, 2015 | M | 3,000 | D | Jun 29, 2005 | Mar 30, 2015 | Common Stock | 3,000 | 0 | D |
| Employee Stock Option (Right to Buy) | $35.105 | Feb 19, 2015 | M | 3,500 | D | May 10, 2007 | May 10, 2016 | Common Stock | 3,500 | 0 | D |
Explanation of responses
- F1On February 19, 2015, the reporting person exercised 3,000 stock options, delivered 1,274 shares of Common Stock of the Company for cancellation in payment of the exercise price of such options, and had 671 shares of Common Stock of the Company withheld and cancelled to cover minimum required tax withholding. These shares 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.
- F2On February 19, 2015, the reporting person exercised 3,500 stock options, delivered 1,853 shares of Common Stock of the Company for cancellation in payment of the exercise price of such options, and had 605 shares of Common Stock of the Company withheld and cancelled to cover minimum required tax withholding. These shares 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.
- F3Routine acquisition under the NFG 401(k) Plan Trust, exempt under Rule 16b-3(c), a non-reportable transaction.