NATIONAL FUEL GAS CO 4
4 · NATIONAL FUEL GAS CO · Filed Dec 23, 2014
Insider Transaction Report
Form 4
RAMSDELL JAMES D
Sr. Vice President
Transactions
- Tax Payment
Common Stock
2014-12-19$68.92/sh−215$14,818→ 79,089 total - Exercise/Conversion
Common Stock
2014-12-19+487→ 79,576 total - Other
Common Stock
2014-12-19+426→ 15,898 total(indirect: By Trust) - Award
Restricted Stock Units
2014-12-19+1,590→ 1,590 total→ Common Stock (1,590 underlying) - Exercise/Conversion
Restricted Stock Units
2014-12-19−487→ 976 total→ Common Stock (487 underlying) - Tax Payment
Common Stock
2014-12-19$68.92/sh−251$17,299→ 79,325 total
Holdings
- 3,809(indirect: By Trust)
Common Stock
Footnotes (7)
- [F1]On December 19, 2014, the reporting person had 215 shares withheld and cancelled to cover minimum required tax withholdings due to the vesting of shares of restricted stock. 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.
- [F2]Restricted stock units convert into common stock on a one-for-one basis.
- [F3]On December 19, 2014, the reporting person had 251 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.
- [F4]Routine acquisition under the NFG 401(k) Plan Trust, exempt under Rule 16b-3(c), a non-reportable transaction.
- [F5]Each restricted stock unit represents a contingent right to receive one share of NFG common stock.
- [F6]The restricted stock units vest as follows: 530 on December 19, 2015, 530 on December 19, 2016, and 530 on December 19, 2017.
- [F7]On December 19, 2013, the reporting person was granted 1,463 restricted stock units, vesting as follows: 487 on December 19, 2014, 488 on December 19, 2015, and 488 on December 19, 2016.