SEC Form 4 · accession 0000070145-16-000202

NATIONAL FUEL GAS CO · NFG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

John P McGinnis

Officer — President-Seneca Resources

Period of report

Dec 19, 2016

Accepted (ET)

Dec 21, 2016 · 3:17 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^F1	Dec 19, 2016	M	4,000	—	A	33,379	D
Common Stock^F2	Dec 19, 2016	F	1,094	$58.01	D	32,285	D
Common Stock^F1	Dec 19, 2016	M	775	—	A	33,060	D
Common Stock^F3	Dec 19, 2016	F	212	$58.01	D	32,848	D
Common Stock^F1	Dec 19, 2016	M	863	—	A	33,711	D
Common Stock^F4	Dec 19, 2016	F	237	$58.01	D	33,474	D
Common Stock^F5	holding	—	—		—	6,426	I	401k Trust
Common Stock^F6	holding	—	—		—	13,615	I	By limited liability company
Common Stock	holding	—	—		—	1,205	I	By reporting person and spouse as trustees for child
Common Stock	holding	—	—		—	1,205	I	By reporting person and spouse as trustees for child

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F1,F7	—	Dec 19, 2016	M	4,000	D	—	—	Common Stock	4,000	0	D
Restricted Stock Units^F1,F8	—	Dec 19, 2016	M	775	D	—	—	Common Stock	775	0	D
Restricted Stock Units^F1,F9	—	Dec 19, 2016	M	863	D	—	—	Common Stock	863	864	D

Explanation of responses

F1Restricted stock units convert into common stock on a one-for-one basis.
F2On December 19, 2016, the reporting person had 1,094 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.
F3On December 19, 2016, the reporting person had 212 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.
F4On December 19, 2016, the reporting person had 237 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.
F5The 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 15, 2016, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
F6The reporting person and his spouse are the sole members of the limited liability company.
F7On December 19, 2011, the reporting person was granted 12,000 restricted stock units, vesting as follows: 4,000 on December 19, 2014, 4,000 on December 19, 2015, and 4,000 on December 19, 2016.
F8On December 19, 2013, the reporting person was granted 2,323 restricted stock units, vesting as follows: 774 on December 19, 2014, 774 on December 19, 2015, and 775 on December 19, 2016.
F9On December 19, 2014, the reporting person was granted 2,590 restricted stock units, vesting as follows: 863 on December 19, 2015, 863 on December 19, 2016, and 864 on December 19, 2017.