X0306 4 2015-05-12 0000033213 EQT Corp EQT 0001240749 CONTI PHILIP P 625 LIBERTY AVENUE SUITE 1700 PITTSBURGH PA 15222 1 Sr. Vice President and CFO Common Stock 2015-05-12 4 D 0 5564 89.87 D 123251 D Common Stock 2015-05-14 4 M 0 28300 44.84 A 151551 D Common Stock 2015-05-14 4 F 0 20569 90.91 D 130982 D Common Stock 2015-05-14 4 S 0 20504 90.77 D 110478 D Common Stock 3166 I Savings Plan Option (Right to Buy) 44.84 2015-05-14 4 M 0 28300 0 D 2012-01-01 2018-01-01 Common Stock 28300 0 D Mr. Conti intends to use the net proceeds from this transaction to acquire common units representing limited partner interests in EQT GP Holdings, LP (EQGP), a limited partnership formed by EQT Corporation to own EQT Corporation's partnership interests in EQT Midstream Partners, LP. On May 14, 2015, Mr. Conti exercised 28,300 previously reported stock options. EQT Corporation, consistent with its practice, withheld 20,569 shares to satisfy the tax liability and exercise price associated with these options. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.76 to $90.92, inclusive. The reporting person undertakes to provide EQT Corporation, any security holder of EQT Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. January 1, 2011 was the grant date of the options. The options vested in two tranches with 50% vesting on January 1, 2012 and 50% vesting on January 1, 2013. /s/ Jonathan M. Lushko, Attorney-in-Fact 2015-05-14