Martin A. Krebs - Dec 5, 2024 Form 4 Insider Report for NATIONAL FUEL GAS CO (NFG)

Role
Chief Information Officer
Signature
J. P. Baetzhold, Attorney in Fact
Stock symbol
NFG
Transactions as of
Dec 5, 2024
Transactions value $
$0
Form type
4
Date filed
12/9/2024, 06:26 PM
Previous filing
Dec 3, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NFG Common Stock Award $0 +1.74K +43.68% $0.00 5.71K Dec 5, 2024 Direct
transaction NFG Common Stock Award $0 +320 +5.6% $0.00 6.03K Dec 5, 2024 Direct
transaction NFG Common Stock Disposed to Issuer -2.06K -34.09% 3.98K Dec 5, 2024 Direct F1
transaction NFG Common Stock Options Exercise +850 +21.37% 4.83K Dec 6, 2024 Direct F2
transaction NFG Common Stock Disposed to Issuer -850 -17.61% 3.98K Dec 6, 2024 Direct F3
holding NFG Common Stock 2.15K Dec 5, 2024 401K Trust F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NFG Restricted Stock Units Award $0 +2.14K $0.00 2.14K Dec 5, 2024 Common Stock 2.14K Direct F5, F6
transaction NFG Deferred Stock Units Award +2.06K +13.35% 17.5K Dec 5, 2024 Common Stock 2.06K Direct F1, F7, F8
transaction NFG Restricted Stock Units Options Exercise $0 -850 -33.31% $0.00 1.7K Dec 6, 2024 Common Stock 850 Direct F5, F9
transaction NFG Deferred Stock Units Award +850 +4.87% 18.3K Dec 6, 2024 Common Stock 850 Direct F3, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the vesting on December 5, 2024 of performance shares previously granted to the reporting person, the reporting person's receipt of 2,057 shares of common stock was deferred, resulting in the reporting person's receipt instead of 2,057 deferred stock units pursuant to National Fuel Gas Company's deferred compensation plan. The reporting person is therefore reporting the disposition of 2,057 shares of common stock in exchange for an equal number of deferred stock units.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 In connection with the vesting on December 6, 2024 of restricted stock units previously granted to the reporting person, the reporting person's receipt of 850 shares of common stock was deferred, resulting in the reporting person's receipt instead of 850 deferred stock units pursuant to National Fuel Gas Company's deferred compensation plan. The reporting person is therefore reporting the disposition of 850 shares of common stock in exchange for an equal number of deferred stock units.
F4 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 6, 2024, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
F5 Each restricted stock unit represents a contingent right to receive one share of NFG common stock.
F6 On December 5, 2024, the reporting person was granted 2,137 restricted stock units, vesting as follows: 712 on December 5, 2025, 712 on December 5, 2026, and 713 on December 5, 2027.
F7 Each deferred stock unit is the economic equivalent of one share of common stock.
F8 The deferred stock units become payable, in shares of common stock, after the reporting person's termination of service, pursuant to the reporting person's distribution election under National Fuel Gas Company's Deferred Compensation Plan for Directors and Officers.
F9 On December 6, 2023, the reporting person was granted 2,552 restricted stock units, vesting as follows: 850 on December 6, 2024, 851 on December 6, 2025, and 851 on December 6, 2026.