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Filing Details

Accession Number:: 0001582244-16-000148
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-06-27 15:55:14
Reporting Period:: 2016-06-23

Filing Date:: 2016-06-27
Accepted Time:: 2016-06-27 15:55:14
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1582244	Corning Natural Gas Holding Corp	CNIG	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1383003	W Ted Gibson	330 West William Street Corning NY 14830		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
6% Series A Cumulative Preferred Stock	Acquisiton	2016-06-23	13,559	$25.00	13,559	No	4	C	Direct
6% Series A Cumulative Preferred Stock	Acquisiton	2016-06-23	4,799	$25.00	4,799	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
No	4	P	Direct

Footnotes

Reporting Person received 146,864 shareholder subscription rights as a pro rata dividend to shareholders of record of the Issuer, Corning Natural Gas Holding Corporation ("Issuer" or "Holding Company") on April 14, 2016 ("Record Date"), with respect to the shares of common stock owned directly by Reporting Person on the record date. Each basic subscription right permitted the shareholder to purchase 1/8th share of Issuer's 6% Series A Cumulative Preferred Stock, par value $0.01 per share, for $25.00 for each full share or 1/6th share of Issuer's 4.8% Series B Convertible Preferred Stock, par value $0.01 per share for $20.75 for each full share.
In connection with the transactions described in Note (1), Reporting Person exercised 108,476 basic subscription rights issued with respect to shares of common stock directly owned by Reporting Person to purchase 13,559 shares of Series A Cumulative Preferred Stock.
Oversubscription rights were provided. The subscription rights expired on June 20, 2016 and over-subscriptions were pro-rated by the subscription rights agent, with shares of Series A Cumulative Preferred Stock and Series B Convertible Preferred Stock issued as of the close of business on June 23, 2016.
In connection with the transactions described in Note (1), Reporting Person exercised oversubscription rights which, resulted in the exercise of 38,392 over-subscription rights issued with respect to shares of common stock directly owned by Reporting Person to purchase 4,799 shares of Series A Cumulative Preferred Stock.