SEC Form 4 · accession 0000070145-16-000154
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
Aug 29, 2016
Accepted (ET)
Aug 30, 2016 · 2:50 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 StockF1 | Jan 15, 2016 | J | 205 | $41.11 | A | 21,551 | D | |
| Common StockF1 | Apr 15, 2016 | J | 166 | $51.09 | A | 21,717 | D | |
| Common StockF1 | Jul 15, 2016 | J | 156 | $56.52 | A | 21,873 | D | |
| Common Stock | Aug 29, 2016 | M | 10,000 | $39.475 | A | 31,873 | D | |
| Common StockF2 | Aug 29, 2016 | F | 6,805 | $58.011 | D | 25,068 | D | |
| Common StockF2 | Aug 29, 2016 | F | 1,182 | $58.011 | D | 23,886 | D | |
| Common StockF3 | holding | — | — | — | 11,780 | 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 | Aug 29, 2016 | M | 10,000 | D | Dec 6, 2007 | Dec 6, 2016 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Acquired through a dividend reinvestment plan, exempt under Rule 16a-11.
- F2On August 29, 2016, the reporting person exercised 10,000 stock options, delivered 6,805 shares of Common Stock of the Company for cancellation in payment of the exercise price of such options, and had 1,182 shares of Common Stock of the Company withheld and cancelled to cover the minimum required tax withholding. 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.
- F3The 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 August 26, 2016, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
Remarks
Remarks: Exhibit List - Exhibit 24 - Power of Attorney