CNX Resources Corp — Director's Dealing 2014

Feb 4, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSOL Energy Inc (CNX)
CIK: 0001070412
Period of Report: 2014-01-31

Reporting Person: Johnson Stephen W (EVP - Chief Legal/Corp Affairs)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-31	Common shares, $0.01 par value per share	A	17002	—	Acquired	90213	Direct
2014-01-31	Common shares, $0.01 par value per share	A	8091	—	Acquired	98304	Direct
2014-01-31	Common shares, $0.01 par value per share	F	2705	$37.35	Disposed	95599	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-01-31	Stock Option (right to buy)	$45.05	A	22809	Acquired	2020-06-15	Common shares, $0.01 par value per share (22809)	Direct

Footnotes

F1: Grant of restricted stock units, which vest annually in equal installments 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 2011-2013 performance period.

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

F4: Of the 95,599 shares owned directly, 24,326 are restricted stock units (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 2013 and 2010-2013 collectively were met, resulting in the vesting of the option as to 22,809 shares. The total number of options vested since the grant date are 60,819.