SEC Form 4 · accession 0001070412-16-000179
CNX Resources Corp · CNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William N Thorndike Jr.
Director
Period of report
May 11, 2016
Accepted (ET)
May 13, 2016 · 4:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001070412
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common shares, $0.01 par value per shareF1 | holding | — | — | — | 92,421 | D | ||
| Common shares, $0.01 par value per shareF2 | holding | — | — | — | 50,000 | I | Pecuniary interest in third party account |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $15.23 | May 11, 2016 | A | 71,943 | A | — | May 11, 2026 | Common shares, $0.01 par value per share | 71,943 | 71,943 | D |
Explanation of responses
- F1Of the 92,421 shares owned directly, 5,466 are deferred stock units and 6,955 are deferred shares (including dividend equivalent rights).
- F2The 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.
- F3The stock option grant provides that the options vest and become exercisable on the date of the Company's next annual meeting.