Kurt R. Salvatori - Feb 1, 2022 Form 4 Insider Report for CONSOL Energy Inc. (CEIX)

Role: Chief Administrative Officer
Signature: /s/ Martha A. Wiegand, as Attorney-in-Fact for Kurt R. Salvatori
Stock symbol: CEIX
Transactions as of: Feb 1, 2022
Transactions value $: -$6,467
Form type: 4
Date filed: 2/3/2022, 08:07 PM
Next filing: Feb 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CEIX	Common stock, par value $0.01 per share	Options Exercise	$0	+948	+3.04%	$0.00	32.1K	Feb 1, 2022	Direct	F1, F2
transaction	CEIX	Common stock, par value $0.01 per share	Tax liability	-$6.47K	-270	-0.84%	$23.95	31.8K	Feb 1, 2022	Direct	F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CEIX	Market Share Units	Options Exercise	$0	-5.49K	-33.33%	$0.00	11K	Feb 1, 2022	Common stock, par value $0.01 per share	5.49K		Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person's shares of common stock, par value $0.01 per share (the "Common Stock") reported in this report were earned pursuant to the performance stock units ("PSUs") of CONSOL Energy Inc. granted on February 7, 2019. Such shares of Common Stock were deemed earned on February 1, 2022 based on the Compensation Committee of the Board of Directors administering the award certifying the achievement of performance targets applicable to the PSUs for the performance period ending on December 31, 2021.
F2	Since the date of the reporting person's last ownership report, he transferred 468 shares of Common Stock pursuant to a domestic relations order.
F3	Represents shares of Common Stock withheld to satisfy the Reporting Person's tax liability from the vesting of the PSUs.
F4	Of the 31,824 shares reported as directly held, 16,896 are restricted stock units (including dividend equivalent rights).
F5	The Market Share Units were awarded under the CONSOL Energy Inc. 2020 Omnibus Performance Incentive Plan on February 9, 2021 and vest in three equal annual installments. The first installment vested on December 31, 2021 and was settled in exchange for a cash payment on February 1, 2021.