CNX Resources Corp — Director's Dealing 2014

Mar 5, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSOL Energy Inc (CNX)
CIK: 0001070412
Period of Report: 2014-02-28

Reporting Person: Grech James C. (EVP & Chief Commercial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-28	Common shares, $0.01 par value per share	A	39	—	Acquired	34481	Direct
2014-03-03	Common shares, $0.01 par value per share	M	2625	$15.39	Acquired	37106	Direct
2014-03-03	Common shares, $0.01 par value per share	S	2625	$39.75	Disposed	34481	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-03	Stock Option (right to buy)	$15.39	M	2625	Disposed	2014-04-27	Common shares, $0.01 par value per share (2625)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common shares, $0.01 par value per share	1864	Indirect

Footnotes

F1: Represents dividend equivalent rights earned under the Equity Incentive Plan as part of a grant of restricted stock units.

F2: Of the 34,481 shares owned directly, 26,259 are restricted stock units (including dividend equivalent rights).

F3: This number includes 3 shares acquired by the reporting person's 401 (k) Plan since February 26, 2014.

F4: Transaction effected pursuant to Rule 10b5-1 trading plan adopted by the reporting person on March 8, 2013.

F5: Stock option grant provides that options vest 25% per year beginning on April 27, 2005.

F6: The sale relates to shares underlying stock options that are scheduled to expire next month (April 27, 2014). The price of $39.75 represents the weighted average of eleven open-market sale transactions ranging in price from $39.61 to $39.98. The reporting person agrees to provide full information regarding the number of shares sold at each separate price paid if requested by the SEC staff, the Company or a security holder of the Company.