SEC Form 4 · accession 0000070145-15-000073
NATIONAL FUEL GAS CO · NFG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen M Camiolo
Officer — Controller
Period of report
Dec 17, 2015
Accepted (ET)
Dec 21, 2015 · 4:03 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 StockF1 | Jan 15, 2015 | J | 113 | $66.95 | A | 19,724 | D | |
| Common StockF1 | Apr 15, 2015 | J | 120 | $63.22 | A | 19,844 | D | |
| Common StockF1 | Jul 15, 2015 | J | 139 | $54.47 | A | 19,983 | D | |
| Common StockF1 | Oct 15, 2015 | J | 145 | $54.56 | A | 20,128 | D | |
| Common StockF2 | Dec 19, 2015 | M | 240 | — | A | 20,368 | D | |
| Common StockF3 | Dec 19, 2015 | F | 88 | $40.21 | D | 20,280 | D | |
| Common StockF4 | Dec 19, 2015 | M | 292 | — | A | 20,572 | D | |
| Common StockF5 | Dec 19, 2015 | F | 107 | $40.21 | D | 20,465 | D | |
| Common StockF6 | holding | — | — | — | 11,305 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF7,F8 | — | Dec 17, 2015 | A | 1,785 | A | — | — | Common Stock | 1,785 | 1,785 | D |
| Restricted Stock UnitsF2,F9 | — | Dec 19, 2015 | M | 240 | D | — | — | Common Stock | 240 | 240 | D |
| Restricted Stock UnitsF4,F10 | — | Dec 19, 2015 | M | 292 | D | — | — | Common Stock | 292 | 585 | D |
Explanation of responses
- F1Acquired through a dividend reinvestment plan, exempt under Rule 16a-11.
- F10On December 19, 2014, the reporting person was granted 877 restricted stock units, vesting as follows: 292 on December 19, 2015, 292 on December 19, 2016, and 293 on December 19, 2017.
- F2Restricted stock units convert into common stock on a one-for-one basis.
- F3On December 19, 2015, the reporting person had 88 shares withheld and cancelled to cover minimum required tax withholdings due to 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.
- F4Restricted stock units convert into common stock on a one-for-one basis.
- F5On December 19, 2015, the reporting person had 107 shares withheld and cancelled to cover minimum required tax withholdings due to 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.
- F6The 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 December 17, 2015, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
- F7Each restricted stock unit represents a contingent right to receive one share of NFG common stock.
- F8The restricted stock units vest as follows: 595 on December 17, 2016, 595 on December 17, 2017, and 595 on December 17, 2018.
- F9On December 19, 2013, the reporting person was granted 720 restricted stock units, vesting as follows: 240 on December 19, 2014, 240 on December 19, 2015, and 240 on December 19, 2016.