CNX Resources Corp — Director's Dealing 2011

May 26, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSOL Energy Inc (CNX)
CIK: 0001070412
Period of Report: 2011-05-24

Reporting Person: WHITMIRE JOHN L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-24	Common shares, $0.01 par value per share	A	63	—	Acquired	38728	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-24	Phantom Stock (including dividend equivalent rights)	$0	A	72	Acquired	2011-05-24	Common shares, $0.01 par value per share (72)	Direct

Footnotes

F1: Represents dividend equivalent rights earned under the Equity Incentive Plan.

F2: Of the 38,728 shares owned directly, 10,850 are deferred stock units and 20,486 are restricted stock units including dividend equivalent rights.

F3: This amount does not include 35,153 shares of phantom stock held in a Deferred Compensation Plan.

F4: Represents dividend equivalent rights earned under the Deferred Compensation Plan as part of a grant of phantom stock. Each dividend equivalent right is the economic equivalent of one share of common stock, $0.01 par value per share, of CONSOL Energy Inc.

F5: Represents the number of shares of phantom stock held under the Deferred Compensation Plan, each of which is settled in cash.