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CNX Resources Corp — Director's Dealing 2012
Feb 21, 2012
31089_dirs_2012-02-21_af84c8f9-31d8-42a0-904c-0d926f14ef84.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CONSOL Energy Inc (CNX)
CIK: 0001070412
Period of Report: 2012-02-16
Reporting Person: King Robert Paul (EVP - Bus. Advmt & Support Svs)
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 | 347 | $37.42 | Disposed | 18440 | Direct |
| 2012-02-16 | Common shares, $0.01 par value per share | A | 7099 | — | Acquired | 25539 | Direct |
| 2012-02-16 | Common shares, $0.01 par value per share | F | 2167 | $37.42 | Disposed | 23372 | 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 | 16725 | Acquired | 2020-06-15 | Common shares, $0.01 par value per share (16725) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common shares, $0.01 par value per share | 7892 | 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 23,372 shares owned directly, 6,651 are restricted stock units (including dividend equivalent rights).
F5: On June 15, 2010, the reporting person was granted an option to purchase up to 66,900 shares of common stock. The option generally vests in four installments based on the Issuer's achievement of certain performance critera 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 16,725 shares. The total number of options vested since the grant are 33,450.