SEC Form 4 · accession 0000899243-16-023472
NATIONAL FUEL GAS CO · NFG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donna L DeCarolis
Officer — VP Business Development
Period of report
Jun 21, 2016
Accepted (ET)
Jun 23, 2016 · 2:56 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 21, 2016 | M | 6,000 | $39.475 | A | 53,779 | D | |
| Common StockF1 | Jun 21, 2016 | F | 4,260 | $55.605 | D | 49,519 | D | |
| Common StockF1 | Jun 21, 2016 | F | 637 | $55.605 | D | 48,882 | D | |
| Common StockF2 | holding | — | — | — | 16,559 | I | 401k Trust | |
| Common StockF3 | holding | — | — | — | 221 | I | ESOP 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 21, 2016 | M | 6,000 | D | Dec 6, 2007 | Dec 6, 2016 | Common Stock | 6,000 | 0 | D |
Explanation of responses
- F1On June 21, 2016, the reporting person exercised 6,000 stock options, delivered 4,260 shares of Common Stock of the Company for cancellation in payment of the exercise price of such options, and had 637 shares of Common Stock of the Company withheld and cancelled to cover 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.
- 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 21, 2016 as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
- F3The NFG employee stock ownership 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 ESOP as of June 21, 2016, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
Remarks
Exhibit List - Exhibit List 24 - Power of Attorney