SEC Form 4 · accession 0000899243-15-010488
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 29, 2015
Accepted (ET)
Dec 30, 2015 · 1:29 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 29, 2015 | M | 7,500 | $35.105 | A | 27,965 | D | |
| Common StockF1 | Dec 29, 2015 | F | 6,104 | $43.13 | D | 21,861 | D | |
| Common StockF1 | Dec 29, 2015 | F | 515 | $43.13 | D | 21,346 | D | |
| Common StockF2 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $35.105 | Dec 29, 2015 | M | 7,500 | D | May 10, 2007 | May 10, 2016 | Common Stock | 7,500 | 0 | D |
Explanation of responses
- F1On December 29, 2015, the reporting person exercised 7,500 stock options, delivered 6,104 shares of Common Stock of the Company for cancellation in payment of the exercise price of such options, and had 515 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 December 29, 2015, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.