Sec Form 4 Filing - TANSKI RONALD J @ NATIONAL FUEL GAS CO - 2017-11-30

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
TANSKI RONALD J
2. Issuer Name and Ticker or Trading Symbol
NATIONAL FUEL GAS CO [ NFG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President & CEO
(Last) (First) (Middle)
6363 MAIN STREET
3. Date of Earliest Transaction (MM/DD/YY)
11/30/2017
(Street)
WILLIAMSVILLE, NY14221
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/30/2017 M 15,000 A $ 47.37 329,721 D
Common Stock 11/30/2017 D 12,081 ( 1 ) D $ 58.82 317,640 D
Common Stock 11/30/2017 M 75,000 A $ 29.88 392,640 D
Common Stock 11/30/2017 D 38,100 ( 2 ) D $ 58.82 354,540 D
Common Stock 24,271 ( 3 ) I 401(k) Trust
Common Stock 2,957 ( 4 ) I ESOP Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Right $ 47.37 11/30/2017 M 15,000 02/20/2009 02/20/2018 Common Stock 15,000 $ 0 0 D
Stock Appreciation Right $ 29.88 11/30/2017 M 75,000 12/22/2009 12/22/2018 Common Stock 75,000 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
TANSKI RONALD J
6363 MAIN STREET
WILLIAMSVILLE, NY14221
X President & CEO
Signatures
J. P. Baetzhold, Attorney in Fact 12/04/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On November 30, 2017, the reporting person exercised a stock appreciation right with respect to 15,000 shares of Common Stock of the Company. In connection with this exercise, the reporting person was deemed to have sold back to the Company shares of Common Stock of the Company having a value equal to the exercise price of the stock appreciation right. This deemed sale of 12,081 shares is shown on Table I as a disposition (Transaction Code "D" in column 4),although none of these shares were sold into the open market, as indicated by Transaction Code "D" in column 3.
( 2 )On November 30, 2017, the reporting person exercised a stock appreciation right with respect to 75,000 shares of Common Stock of the Company. In connection with this exercise, the reporting person was deemed to have sold back to the Company shares of Common Stock of the Company having a value equal to the exercise price of the stock appreciation right. This deemed sale of 38,100 shares is shown on Table I as a disposition (Transaction Code "D" in column 4),although none of these shares were sold into the open market, as indicated by Transaction Code "D" in column 3.
( 3 )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 November 30, 2017, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.
( 4 )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 November 30, 2017, as reported by the plan administrator, divided by the closing price of NFG common stock on that date.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.