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MDU RESOURCES GROUP INC — Director's Dealing 2023
Nov 17, 2023
31231_dirs_2023-11-17_28098a3a-8b74-4b3e-8baa-6729704ebcc4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MDU RESOURCES GROUP INC (MDU)
CIK: 0000067716
Period of Report: 2023-11-15
Reporting Person: SPARBY DAVID M (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-11-15 | Common Stock | A | 8008.0000 | $18.7300 | Acquired | 43463.0000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock | $ | Common Stock (20300.7060) | 20300.7060 | Direct |
Footnotes
F1: 1 for 1
F2: The reporting person previously held 12,216.086 phantom stock units. On May 31, 2023, the issuer distributed to its shareholders approximately 90% of the outstanding shares of its wholly owned subsidiary, Knife River Corporation (formerly known as Knife River Holding Company) (the "Spin-off"). In connection with the Spin-off, the reporting person's phantom stock units were converted into [phantom stock] based on a conversion ratio of the issuer's pre-Spinpoff stock price ($29.18) to the post-Spin-off stock price ($19.68), which [reduced] the reporting person's holdings by 6,498.661 phantom stock units.
F3: Units are to be settled in cash after reporting person's retirement.