ARZAC ENRIQUE R 4

4 · ADAMS NATURAL RESOURCES FUND, INC. · Filed Apr 26, 2022

Form 4

Period: 2022-04-21

Director

Transactions

Award
Common Stock
2022-04-21+43.83→ 7,421.72 total
Other
Common Stock
2022-04-21+42.684→ 43.41 total(indirect: By Trust)
Award
Common Stock
2022-04-21$21.96/sh+566$12,429→ 4,261.41 total(indirect: By Trust)

Holdings

Footnotes (6)

[F1]These shares accrued as dividend equivalents on deferred stock units (shares received in lieu of director retainer fees). The Issuer's stock traded in a range of $16.52 - $22.36 during 2022.
[F2]Dr. Arzac's cumulative beneficial ownership reflects the exempt transactions reported herein and also certain changes in direct and indirect ownership balances resulting from transfers among accounts.
[F3]This fractional share was acquired in exempt transactions as a result of dividend reinvestment. The Issuer's stock traded in a range of $16.52 - $22.36 during 2022.
[F4]By the Enrique R. Arzac TTEE The Enrique R. Arzac TR UA DTD 12/28/2012 Trust.
[F5]Of these shares, 359 shares accrued as dividend equivalents on 400 restricted stock units, which were granted in 2007 and deferred until retirement on 04/21/2022. Another 207 shares accrued as dividend equivalents on 400 restricted stock units, which were granted in 2013 and deferred until retirement on 04/21/2022. The Issuer's stock average trading price on 04/21/2022 was $21.96.
[F6]A fractional share in the amount of 0.02 was issued as part of DSUs (granted in lieu of a 2007 deferred cash retainer) & DE shares earned. An additional fractional share in the amount of 0.26 was issued as part of DSUs (granted in lieu of a 2013 deferred cash retainer) & DE shares earned. The fractional shares were surrendered as non-transferrable to a registered account.

Documents

1 file