SEC Form 4 · accession 0001562180-17-003916

NATIONAL FUEL GAS CO · NFG

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

Reporting owner

John P McGinnis

Officer — Pres - Seneca Resources

Period of report

Dec 15, 2017

Accepted (ET)

Dec 18, 2017 · 4:39 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 15, 2017	M	1,924	—	A	28,247	D
Common Stock^F2	Dec 15, 2017	F	808	$56.075	D	27,439	D
Common Stock^F1	Dec 17, 2017	M	2,540	—	A	29,979	D
Common Stock^F3	Dec 17, 2017	F	1,066	$56.075	D	28,913	D
Common Stock^F4	holding	—	—		—	7,319	I	401k Trust
Common Stock^F5	holding	—	—		—	23,284	I	By limited liability company
Common Stock	holding	—	—		—	1,735	I	By reporting person and spouse as trustees for child
Common Stock	holding	—	—		—	1,735	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,F6	—	Dec 15, 2017	M	1,924	D	—	—	Common Stock	1,924	3,848	D
Restricted Stock Units^F1,F7	—	Dec 17, 2017	M	2,540	D	—	—	Common Stock	2,540	2,540	D

Explanation of responses

F1Restricted stock units convert into common stock on a one-for-one basis.
F2On December 15, 2017, the reporting person had 808 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 17, 2017, the reporting person had 1,066 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.
F4The 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, 2017, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
F5The reporting person and his spouse are the sole members of the limited liability company.
F6On December 15, 2016, the reporting person was granted 5,772 restricted stock units, vesting as follows: 1,924 on December 15, 2017, 1,924 on December 15, 2018, and 1,924 on December 15, 2019.
F7On December 17, 2015, the reporting person was granted 7,619 restricted stock units, vesting as follows: 2,539 on December 17, 2016, 2,540 on December 17, 2017, and 2,540 on December 17, 2018.