CNX Resources Corp — Director's Dealing 2012

Feb 21, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSOL Energy Inc (CNX)
CIK: 0001070412
Period of Report: 2012-02-16

Reporting Person: Richey P Jerome (EVP-Corp Affairs, Chief Legal)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-16	Common shares, $0.01 par value per share	F	500	$37.42	Disposed	33345	Direct
2012-02-16	Common shares, $0.01 par value per share	A	7308	—	Acquired	40653	Direct
2012-02-16	Common shares, $0.01 par value per share	F	2231	$37.42	Disposed	38422	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-16	Stock Option (right to buy)	$45.05	A	15204	Acquired	2020-06-15	Common shares, $0.01 par value per share (15204)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common shares, $0.01 par value per share	1174	Indirect

Footnotes

F1: Represents shares withheld to satisfy the reporting person's tax liability resulting from the vesting of restricted stock units previously granted to him.

F2: Represents the vesting and settlement of performance share units previously granted to the reporting person under the Long Term Incentive Program for the 2009-2011 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 38,422 shares owned directly, 17,554 are restricted stock units and deferred shares (including dividend equivalent rights).

F5: On June 15, 2010, the reporting person was granted an option to purchase up to 60,819 shares of common stock. The option generally vests in four annual installments based on the Issuer's achievement of certain performance criteria for each of the fiscal years ending December 31, 2010, 2011, 2012 and 2013. The performance criteria for 2011 were met, resulting in vesting of the option as to 15,204 shares. The total number of options vested since the grant date are 30,408.