SEC Form 4 · accession 0000070145-16-000082
NATIONAL FUEL GAS CO · NFG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Paula M Ciprich
Officer — Sr VP, Gen Counsel & Sec
Period of report
Dec 30, 2015
Accepted (ET)
Jan 4, 2016 · 4:01 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 30, 2015 | M | 5,000 | $35.105 | A | 72,624 | D | |
| Common StockF1 | Dec 19, 2015 | F | 4,117 | $42.63 | D | 68,507 | D | |
| Common StockF1 | Dec 19, 2015 | F | 326 | $42.63 | D | 68,181 | D | |
| Common StockF2 | holding | — | — | — | 8,895 | 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) | $35.105 | Dec 30, 2015 | M | 5,000 | D | May 10, 2007 | May 10, 2016 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1On December 30, 2015, the reporting person exercised 5,000 stock options, delivered 4,117 shares of Common Stock of the Company for cancellation in payment of the exercise price of such options, and had 326 shares of Common Stock of the Company withheld and cancelled to cover minimum required tax withholdings. These share 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.
- F2The 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 30, 2015, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.