SEC Form 4 · accession 0001070412-17-000052
CNX Resources Corp · CNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bernard Lanigan Jr.
Director
Period of report
May 9, 2017
Accepted (ET)
May 11, 2017 · 4:32 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 | May 9, 2017 | A | 9,561 | $0.00 | A | 30,161 | D | |
| Common shares, $0.01 par value per shareF2 | holding | — | — | — | 30,600 | I | By Lanigan Family Limited Partnership | |
| Common shares, $0.01 par value per shareF3 | holding | — | — | — | 20,000 | I | By Conifer Partners II, LLC |
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)F4 | $15.69 | May 9, 2017 | A | 20,598 | A | — | May 9, 2027 | Common shares, $0.01 par value per share | 20,598 | 20,598 | D |
Explanation of responses
- F1Of the 30,161 shares owned directly, 9,561 are restricted stock units (including dividend equivalent rights).
- F2Shares held in the Lanigan Family Limited Partnership, of which Mr. Lanigan is one of the general partners.
- F3Shares held in Conifer Partners II, LLC, of which Mr. Lanigan is part owner of the managing member.
- F4The stock option grant provides that the options vest and become exercisable on the date of the Company's next annual meeting.