CNX Resources Corp — Director's Dealing 2018

Feb 1, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CNX Resources Corp (CNX)
CIK: 0001070412
Period of Report: 2018-01-30

Reporting Person: Mumford Jason L. (Interim Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-30	Common shares, $0.01 par value per share	A	1875	—	Acquired	6844	Direct
2018-01-30	Common shares, $0.01 par value per share	F	158	$13.68	Disposed	6686	Direct
2018-01-30	Common shares, $0.01 par value per share	F	295	$14.01	Disposed	6391	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common shares, $0.01 par value per share	2742	Indirect

Footnotes

F1: Grant of restricted stock units, which vest annually in equal installments over a period of three years, under the Company's Equity Incentive Plan.

F2: On November 28, 2017, the Issuer completed the separation of its business into two independent, publicly-traded companies (the "Separation"): the Issuer and CONSOL Energy Inc. In connection with the Separation, and pursuant to the terms of an Employee Matters Agreement dated November 28, 2017 (the "Employee Matters Agreement"), all equity awards held by the reporting person with respect to the Issuer's common stock were adjusted in a manner intended to preserve the aggregate intrinsic value of the original award. The amount of securities reported on this Form 4 reflect the aforementioned adjustment.

F3: Represents shares automatically withheld to satisfy the reporting person's tax liability from the vesting of restricted stock units previously granted to him.

F4: Of the 6,391 shares owned directly, 5,123 are restricted stock units (including dividend equivalent rights).