CNX Resources Corp — Director's Dealing 2011

Feb 25, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSOL Energy Inc (CNX)
CIK: 0001070412
Period of Report: 2011-02-23

Reporting Person: LYONS WILLIAM J (Exec. VP & C.F.O.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-23	Common shares, $0.01 par value per share	A	10557	—	Acquired	92099	Direct
2011-02-23	Common shares, $0.01 par value per share	A	4160	—	Acquired	96259	Direct
2011-02-23	Common shares, $0.01 par value per share	F	1645	$48.61	Disposed	94614	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-23	Stock Option (right to buy)	$48.61	A	25983	Disposed	2021-02-23	Common shares, $0.01 par value per share (25983)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common shares, $0.01 par value per share	8903	Indirect

Footnotes

F1: Grant of restricted stock units, which vest over a period of three years, under the Company's Equity Incentive Plan.

F2: Represents the vesting and settlement of performance share units previously granted to the reporting person under the Long Term Incentive Program for the 2008-2010 performance period.

F3: Represents shares withheld to satisfy the reporting person's tax liability resulting from the vesting and settlement of performance share units previously reported herein.

F4: Of the 94,614 shares owned directly, 47,153 are restricted stock units including dividend equivalent rights.

F5: Stock option grant provides that options will vest 1/3 per year beginning on February 23, 2012.