CNX Resources Corp — Director's Dealing 2016

May 13, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSOL Energy Inc (CNX)
CIK: 0001070412
Period of Report: 2016-05-11

Reporting Person: DEIULIIS N J (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-24	Common shares, $0.01 par value per share	G	30000	—	Disposed	220494	Direct
2016-03-24	Common shares, $0.01 par value per share	G	30000	—	Acquired	30000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-11	Stock Option (right to buy)	$7.94	A	688776	Acquired	2026-01-29	Common shares, $0.01 par value per share (688776.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common shares, $0.01 par value per share	3029	Indirect
Common shares, $0.01 par value per share	30000	Indirect
Common shares, $0.01 par value per share	40072	Indirect
Common shares, $0.01 par value per share	100000	Indirect
Common shares, $0.01 par value per share	1098	Indirect

Footnotes

F1: Of the 220,494 shares owned directly, 75,916 are restricted stock units (including dividend equivalent rights).

F2: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.

F3: The option grant was approved by the Compensation Committee of CONSOL Energy's Board of Directors on January 27, 2016, subject to shareholder approval of the Equity Incentive Plan under which the option was granted. CONSOL's shareholders approved the plan on May 11, 2016.

F4: The stock option grant provides that the options vest and become exercisable one-third per year beginning on January 29, 2017.