SEC Form 4 · accession 0000899243-17-028720
Core Natural Resources, Inc. · CNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kurt R. Salvatori
Officer — Chief Administrative Officer
Period of report
Nov 28, 2017
Accepted (ET)
Dec 14, 2017 · 6:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001710366
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock, par value $0.01 per shareF1,F2 | Nov 28, 2017 | A | 418 | $0.00 | A | 1,655 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted stock units issued in accordance with the Employee Matters Agreement dated as of November 28, 2017 between the Issuer and CNX Resources Corporation (f/k/a CONSOL Energy Inc.) ("CNX") as a result of the conversion of the restricted stock units held by the Reporting Person immediately before the legal and structural separation of the Issuer from CNX (the "Spin-Off"). These restricted stock units vested on November 28, 2017 in connection with a "change in control" as defined in, and pursuant to the terms of, the Reporting Person's Amended and Restated Change in Control Severance Agreement dated February 7, 2017.
- F2Includes shares of Issuer common stock received in connection with the Spin-Off in an exempt transaction pursuant to Rule 16a-9 of the Securities Exchange Act of 1934, as amended.