Kasprzak Michael P 4
4 · NATIONAL FUEL GAS CO · Filed Dec 21, 2020
Insider Transaction Report
Form 4
Kasprzak Michael P
President NFG Midstream Co
Transactions
- Exercise/Conversion
Common Stock
2020-12-19+371→ 13,292 total - Exercise/Conversion
Common Stock
2020-12-20+232→ 13,415 total - Tax Payment
Common Stock
2020-12-20$43.22/sh−68$2,939→ 13,347 total - Exercise/Conversion
Restricted Stock Units
2020-12-20−232→ 0 total→ Common Stock (232 underlying) - Tax Payment
Common Stock
2020-12-19$43.22/sh−109$4,711→ 13,183 total - Exercise/Conversion
Restricted Stock Units
2020-12-19−371→ 372 total→ Common Stock (371 underlying)
Holdings
- 5,236(indirect: By Trust)
Common Stock
- 1,447(indirect: By Trust)
Common Stock
Footnotes (7)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]On December 19, 2020, the reporting person had 109 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.
- [F3]On December 20, 2020, the reporting person had 68 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]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 18, 2020, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
- [F5]The NFG employee stock ownership 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 ESOP as of December 18, 2020, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
- [F6]On December 19, 2018, the reporting person was granted 1,114 restricted stock units, vesting as follows: 371 on December 19, 2019, 371 on December 19, 2020, and 372 on December 19, 2021.
- [F7]On December 20, 2017, the reporting person was granted 694 restricted stock units, vesting as follows: 231 on December 20, 2018, 231 on December 20, 2019, and 232 on December 20, 2020.