CNX Resources (CNX) Form 4 CNX Resources / N J DEIULIIS ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

DEIULIIS N J

(Last) (First) (Middle)

1000 CONSOL ENERGY DRIVE

(Street)

CANONSBURG PA 15317

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CNX Resources Corp [ CNX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2019

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common shares, $0.01 par value per share	01/30/2019		A		192,020(1)	A	$0	1,168,175	D
Common shares, $0.01 par value per share	01/30/2019		F		83,952(2)	D	$13.53	1,084,223	D
Common shares, $0.01 par value per share	01/30/2019		A		15,922(3)	A	$0	1,100,145	D
Common shares, $0.01 par value per share	01/30/2019		F		6,962(2)	D	$13.53	1,093,183	D
Common shares, $0.01 par value per share	01/30/2019		F		28,764(4)	D	$13.53	1,064,419	D
Common shares, $0.01 par value per share	04/02/2018		G	V	20,829	D	$0	0	I	By 2016-1 GRAT
Common shares, $0.01 par value per share	04/02/2018		G	V	9,661	A	$0	65,421	I	By Trust for Daughters(5)
Common shares, $0.01 par value per share	04/02/2018		G	V	11,168	A	$0	1,075,587	D
Common shares, $0.01 par value per share	01/31/2019		F		26,830(4)	D	$12.14	1,048,757	D
Common shares, $0.01 par value per share	01/31/2019		A		185,338(6)	A	$0	1,234,095(7)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the vesting and settlement of performance share units previously granted to the reporting person under the Long Term Incentive Program for the 2016-2020 performance period.

2. Represents shares automatically withheld to satisfy the reporting person's tax liability from the vesting of performance share units previously granted to him.

3. Represents the vesting and settlement of performance share units previously granted to the reporting person under the Long Term Incentive Program for the 2018-2022 performance period.

4. Represents shares automatically withheld to satisfy the reporting person's tax liability from the vesting of restricted stock units previously granted to him.

5. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.

6. Grant of restricted stock units, which vest annually in equal installments over a period of three years, under the Company's Equity Incentive Plan.

7. Of the 1,234,095 shares owned directly, 378,290 are restricted stock units (including dividend equivalent rights).

Remarks:

	/s/ Nicholas J. DeIuliis by Gregory V. Guinto, his attorney-in-fact	02/01/2019
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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