SEC Form 4 · accession 0000070145-16-000136
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
Jun 23, 2016
Accepted (ET)
Jun 27, 2016 · 4:19 pm EDT
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 | Jun 23, 2016 | M | 5,000 | $39.475 | A | 17,989 | D | |
| Common StockF1 | Jun 23, 2016 | F | 3,518 | $56.11 | D | 14,471 | D | |
| Common StockF1 | Jun 23, 2016 | F | 549 | $56.11 | D | 13,922 | D | |
| Common StockF2 | holding | — | — | — | 6,478 | 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) | $39.475 | Jun 23, 2016 | M | 5,000 | D | Dec 6, 2007 | Dec 6, 2016 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1On June 23, 2016, the reporting person exercised 5,000 stock options, delivered 3,518 shares of Common Stock of the Company for cancellation in payment of the exercise price of such options, and had 549 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.
- 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 June 23, 2016, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
Remarks
Exhibit List - Exhibit 24- Power of Attorney