J. DeiulIIs - Mar 19, 2024 Form 4 Insider Report for CNX Resources Corp (CNX)

Role
President and CEO, Director
Signature
/s/ Sarah Molinero, as attorney-in-fact for Nicholas J. DeIuliis
Stock symbol
CNX
Transactions as of
Mar 19, 2024
Transactions value $
-$5,126,550
Form type
4
Date filed
3/21/2024, 08:00 AM
Previous filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNX Common shares, $0.01 par value per share Options Exercise $5.47M +796K +38.83% $6.87 2.84M Mar 19, 2024 Direct
transaction CNX Common shares, $0.01 par value per share Tax liability -$10.6M -491K -17.26% $21.58 2.35M Mar 19, 2024 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CNX Stock Option (right to buy) Options Exercise $0 -796K -100% $0.00* 0 Mar 19, 2024 Common shares, $0.01 par value per share 796K $6.87 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options, which were granted under the Issuer's Equity Incentive Plan, vested in three installments on each of January 29, 2017, 2018, and 2019.
F2 Represents shares withheld to satisfy the reporting person's tax liability and the exercise price with respect to the exercise of the options listed in Table II.
F3 Of the shares owned, 241,426 are restricted stock units (including dividend equivalent rights).