CNX Resources Corp — Director's Dealing 2015

May 26, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSOL Energy Inc (CNX)
CIK: 0001070412
Period of Report: 2013-05-24

Reporting Person: Ritter Lorraine L. (Controller and Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-24	Common shares, $0.01 per share	P	50	$35.7584	Acquired	19484	Direct
2013-05-24	Common shares, $0.01 per share	A	14	—	Acquired	19498	Direct
2013-06-01	Common shares, $0.01 per share	S	851	$34.74	Disposed	18647	Direct
2013-08-23	Common shares, $0.01 per share	P	60	$33.8501	Acquired	18707	Direct
2013-08-23	Common shares, $0.01 per share	A	5	—	Acquired	18712	Direct
2013-12-04	Common shares, $0.01 per share	P	55	$36.8932	Acquired	18767	Direct
2013-12-04	Common shares, $0.01 per share	A	5	—	Acquired	18772	Direct
2014-01-26	Common shares, $0.01 per share	S	181	$37.25	Disposed	18591	Direct
2014-01-31	Common shares, $0.01 per share	A	3347	—	Acquired	21938	Direct
2014-02-23	Common shares, $0.01 per share	S	139	$40.30	Disposed	21799	Direct
2014-02-28	Common shares, $0.01 per share	P	26	$39.8135	Acquired	21825	Direct
2014-02-28	Common shares, $0.01 per share	A	5	—	Acquired	21830	Direct
2014-03-07	Common shares, $0.01 per share	M	2500	$15.39	Acquired	24330	Direct
2014-03-07	Common shares, $0.01 per share	S	2500	$40.0730	Disposed	21830	Direct
2014-05-30	Common shares, $0.01 per share	P	24	$44.5231	Acquired	21854	Direct
2014-05-30	Common shares, $0.01 per share	A	4	—	Acquired	21858	Direct
2014-09-02	Common shares, $0.01 per share	P	26	$40.1949	Acquired	21884	Direct
2014-09-02	Common shares, $0.01 per share	A	5	—	Acquired	21889	Direct
2014-12-03	Common shares, $0.01 per share	P	28	$37.8331	Acquired	21917	Direct
2014-12-03	Common Shares, $0.01 per share	A	5	—	Acquired	21922	Direct
2015-01-26	Common Shares, $0.01 per share	S	218	$31.050	Disposed	21704	Direct
2015-01-30	Common Shares, $0.01 per share	A	1728	—	Acquired	23432	Direct
2015-01-31	Common Shares, $0.01 per share	S	343	$28.95	Disposed	23089	Direct
2015-03-06	Common Shares, $0.01 per share	P	37	$30.3587	Acquired	23126	Direct
2015-03-06	Common Shares, $0.01 per share	A	6	—	Acquired	23132	Direct
2015-04-30	Common Shares, $0.01 per share	M	1976	$22.75	Acquired	25108	Direct
2015-04-30	Common Shares, $0.01 per share	S	1976	$30.5983	Disposed	23132	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-07	Stock Option (right to buy)	$15.39	M	2500	Disposed	2014-04-27	Common Shares, $0.01 per share (2500)	Direct
2015-04-30	Stock Option (right to buy)	$22.75	M	1976	Disposed	2015-05-03	Common Shares, par value $0.01 per share (1976)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares, $0.01 per share	1697	Indirect

Footnotes

F1: Represents shares of Company common stock acquired through a dividend reinvestment plan implemented by the reporting person.

F2: Represents dividend equivalent rights earned under the Equity Incentive Plan as part of a grant of restricted stock units.

F3: Represents shares withheld to satisfy the reporting person's tax liability resulting from the vesting of restricted stock units previously granted to her.

F4: The reporting person's purchase of CONSOL Energy Inc. (the "Company") common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act:"), to the extent of 60 shares, with the reporting person's sale of shares of the Company's common stock on January 26, 2014. The reporting person has made arrangements with the Company to disgorge to the Company $204.11, which represents the full amount of profit calculated in connection with the transactions.

F5: The reporting person's purchase of the Company's common stock reported herein was matchable under Section 16(b) of the Exchange Act, to the extent of 55 shares, with the reporting person's sale of 139 shares of the Company's common stock at a price of $40.30 per share on February 23, 2014. The reporting person has made arrangements with the Company to disgorge to the Company $188.31, which represents the full amount of profit calculated in connection with the transactions.

F6: Grant of restricted stock units, which vest annually in equal installments over a period of three years, under the Company's Equity Incentive Plan.

F7: The reporting person's purchase of the Company's common stock reported herein was matchable under Section 16(b) of the Exchange Act, to the extent of 26 shares, with the reporting person's sale of shares of the Company's common stock on February 23, 2014. The reporting person has made arrangements with the Company to disgorge to the Company $12.80, which represents the full amount of profit calculated in connection with the transactions.

F8: The option vested in four equal installments on April 27, 2005, 2006, 2007 and 2008.

F9: The option vested in four equal installments on May 3, 2006, 2007, 2008 and 2009.

F10: The reporting person's purchase of the Company's common stock reported herein was matchable under Section 16(b) of the Exchange Act, to the extent of 37 shares, with the reporting person's sale of shares of the Company's common stock on January 26, 2015. The reporting person has made arrangements with the Company to disgorge to the Company $25.97, which represents the full amount of profit calculated in connection with the transactions.

F11: Of the 23,132 shares owned directly, 3,977 are restricted stock units (including divdend equivalend rights).