UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
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. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Appreciation Right | 02/20/2009 | 02/20/2018 | Common Stock | 1,166 | $ 47.37 | D | Â |
Stock Appreciation Right | Â (3) | 12/22/2018 | Common Stock | 10,000 | $ 29.88 | D | Â |
Stock Appreciation Right | Â (4) | 03/11/2020 | Common Stock | 5,000 | $ 52.1 | D | Â |
Stock Appreciation Right | Â (5) | 12/20/2020 | Common Stock | 2,000 | $ 63.865 | D | Â |
Stock Appreciation Right | 12/19/2014 | 12/19/2021 | Common Stock | 2,000 | $ 55.09 | D | Â |
Stock Appreciation Right | Â (6) | 12/19/2022 | Common Stock | 4,780 | $ 53.045 | D | Â |
Restricted Stock Units | 12/19/2017 | 12/19/2017 | Common Stock | 266 | $ (7) | D | Â |
Restricted Stock Units | Â (8) | Â (8) | Common Stock | 1,038 | $ (7) | D | Â |
Restricted Stock Units | Â (9) | Â (9) | Common Stock | 1,635 | $ (7) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
KRAEMER RONALD C 6363 MAIN STREET WILLIAMSVILLE, NY 14221 |
 |  |  Pres - Empire Pipeline |  |
James P. Baetzhold | 03/17/2017 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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). |
(1) | 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 March 9, 2017, as reported by the plan administrator, divided by the closing price of NFG common stock on that date. |
(2) | 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 March 9, 2017, as reported by the plan administrator, divided by the closing price of NFG common stock on that date. |
(3) | The stock appreciation right became exercisable as follows: 3,333 on December 22, 2009; 3,333 on December 22, 2010; and 3,334 on December 22, 2011. |
(4) | The stock appreciation right became exercisable as follows: 1,666 on November 24, 2010; 1,667 on November 23, 2011; and 1,667 on November 21, 2012. |
(5) | The stock appreciation right became exercisable as follows: 666 on December 20, 2011; 667 on December 20, 2012; and 667 on December 20, 2013. |
(6) | The stock appreciation right became exercisable as follows: 1,593 on December 19, 2013; 1,593 on December 19, 2014; and 1,594 on December 19, 2015. |
(7) | Each restricted stock unit represents a contingent right to receive one share of NFG common stock. |
(8) | The restricted stock units vest in two equal annual installments beginning December 17, 2017. |
(9) | The restricted stock units vest in three equal annual installments beginning December 15, 2017. |
 Remarks: Exhibit List - Exhibit 24 - Power of Attorney |