CNX Resources Corp — Director's Dealing 2020

May 8, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CNX Resources Corp (CNX)
CIK: 0001070412
Period of Report: 2020-05-06

Reporting Person: Thorndike William N Jr (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-06	Common shares, $0.01 par value per share	A	50802	—	Acquired	270581	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-06	Common shares, $0.01 par value per share	$9.99	A	18503	Acquired	2030-05-06	Common shares, $0.01 par value per share (18503)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common shares, $0.01 par value per share	35000	Indirect
Common shares, $0.01 par value per share	50000	Indirect

Footnotes

F1: Of the 270,581 shares owned directly, 40,041 are restricted stock units, 26,923 are deferred stock units and 116,255 are deferred shares (including dividend equivalent rights).

F2: The shares being reported were purchased by The W. Nicholas and Joan I. Thorndike 1998 Trust for William N. Thorndike, Jr. U/I dtd 12/22/98, in which the reporting person shares voting and investment power.

F3: The reporting person may be deemed to have a pecuniary interest with respect to the 50,000 shares held in the third party account. The reporting person disclaims beneficial ownership of these shares, and this report should not be deemed an admission that the reporting person is the beneficial owner of these shares for purpose of Section 16 or for any other purpose.

F4: The stock option grant provides that the options vest and become exercisable upon the earlier of the date of the Company's next annual meeting or the one year anniversary of the award.