SEC Form 4 · accession 0000070145-15-000069
NATIONAL FUEL GAS CO · NFG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donna L DeCarolis
Officer — VP Business Development
Period of report
Dec 7, 2015
Accepted (ET)
Dec 9, 2015 · 2:15 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 | Dec 7, 2015 | M | 5,000 | $35.105 | A | 52,051 | D | |
| Common StockF1 | Dec 7, 2015 | F | 4,321 | $40.615 | D | 47,730 | D | |
| Common StockF1 | Dec 7, 2015 | F | 250 | $40.615 | D | 47,480 | D | |
| Common StockF2 | Dec 7, 2015 | J | 175 | $0.00 | A | 16,104 | I | 401k Trust |
| Common StockF3 | Dec 7, 2015 | J | 3 | $0.00 | A | 218 | I | ESOP 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) | $35.105 | Dec 7, 2015 | M | 5,000 | D | May 10, 2007 | May 10, 2016 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1On December 7, 2015, the reporting person exercised 5,000 stock options, delivered 4,321 shares of Common Stock of the Company for cancellation in payment of the exercise price of such options, and had 250 shares of Common Stock of the Company withheld and cancelled to cover minimum required tax withholding. These shares cancellations are shown in Table I as dispositions (Transaction Code "D" in column 4), although none of these cancelled shares were sold in the market, as indicated by Transaction Code "F" in column 3.
- F2Routine acquisition under the NFG 401(k) Plan Trust, exempt under Rule 16b-3(c), a non-reportable transaction.
- F3Routine acquisition under the NFG ESOP Plan Trust, exempt under Rule 16b-3(c), a non-reportable transaction.