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NFG National Fuel Gas Co

57.27
0.58 (1.02%)
Last Updated: 19:10:53
Delayed by 15 minutes
Share Name Share Symbol Market Type
National Fuel Gas Co NYSE:NFG NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.58 1.02% 57.27 57.72 56.78 57.00 389,196 19:10:53

Statement of Changes in Beneficial Ownership (4)

05/12/2022 10:40pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Loweth Justin I
2. Issuer Name and Ticker or Trading Symbol

NATIONAL FUEL GAS CO [ NFG ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Pres - Seneca Resources
(Last)          (First)          (Middle)

1201 LOUISIANA ST, SUITE 2600
3. Date of Earliest Transaction (MM/DD/YYYY)

12/1/2022
(Street)

HOUSTON, TX 77002
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 1/14/2022  J  V 51.00 (1)A$63.167 27451.00 D  
Common Stock 4/15/2022  J  V 46.00 (1)A$70.396 27497.00 D  
Common Stock 7/15/2022  J  V 53.00 (1)A$64.284 27550.00 D  
Common Stock 10/14/2022  J  V 54.00 (1)A$63.274 27604.00 D  
Common Stock 12/1/2022  A  9361.00 A$0.00 36965.00 D  
Common Stock 12/1/2022  F  2280.00 (2)D$65.923 34685.00 D  
Common Stock 12/1/2022  A  6064.00 A$0.00 40749.00 D  
Common Stock 12/1/2022  F  1620.00 (3)D$65.923 39129.00 D  
Common Stock 12/2/2022  M  3065.00 A (4)42194.00 D  
Common Stock 12/2/2022  F  1207.00 (5)D$64.335 40987.00 D  
Common Stock         9230.00 (6)I 401K Trust 
Common Stock         225.00 I Held by Spouse 
Common Stock         300.00 I Held by Son 
Common Stock         200.00 I Held by Daughter 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (7)12/1/2022  A   11239.00     (8) (8)Common Stock 11239.00 $0.00 11239.00 D  
Restricted Stock Units  (4)12/2/2022  M     3065.00   (9) (9)Common Stock 3065.00 $0.00 6130.00 D  

Explanation of Responses:
(1) Acquired through dividend reinvestment plan, exempt under Rule 16a-11.
(2) On December 1, 2022, the reporting person had 2,280 shares withheld and cancelled to cover minimum required tax withholdings due to the vesting of performance shares. 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.
(3) On December 1, 2022, the reporting person had 1,620 shares withheld and cancelled to cover minimum required tax withholdings due to the vesting of performance shares. 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.
(4) Restricted stock units convert into common stock on a one-for-one basis.
(5) On December 2, 2022, the reporting person had 1,207 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.
(6) The 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 2, 2022, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
(7) Each restricted stock unit represents a contingent right to receive one share of NFG common stock.
(8) On December 1, 2022, the reporting person was granted 11,239 restricted stock units, vesting as follows: 3,746 on December 1, 2023, 3,746 on December 1, 2024, and 3,747 on December 1, 2025.
(9) On December 2, 2021, the reporting person was granted 9,195 restricted stock units, vesting as follows: 3,065 on December 2, 2022, 3,065 on December 2, 2023, and 3,065 on December 2, 2024.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Loweth Justin I
1201 LOUISIANA ST
SUITE 2600
HOUSTON, TX 77002


Pres - Seneca Resources

Signatures
J. P. Baetzhold, Attorney in Fact12/5/2022
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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