DAVIS WILLIAM E 4
4 · CNX Resources Corp · Filed Feb 1, 2018
Insider Transaction Report
Form 4
DAVIS WILLIAM E
Director
Transactions
- Award
Common shares, $0.01 par value per share
2018-01-30+7,310→ 58,051 total
Footnotes (2)
- [F1]On November 28, 2017, the Issuer completed the separation of its business into two independent, publicly-traded companies (the "Separation"): the Issuer and CONSOL Energy Inc. In connection with the Separation, and pursuant to the terms of an Employee Matters Agreement dated November 28, 2017 (the "Employee Matters Agreement"), all equity awards held by the reporting person with respect to the Issuer's common stock were adjusted in a manner intended to preserve the aggregate intrinsic value of the original award. The amount of securities reported on this Form 4 reflect the aforementioned adjustment.
- [F2]Of the 58,051 shares owned directly, 18,354 are restricted stock units and 27,951 are deferred shares (including dividend equivalent rights).