James A. Brock - Feb 1, 2022 Form 4 Insider Report for CONSOL Energy Inc. (CEIX)

Role
Chief Executive Officer, Director
Signature
/s/ Martha A. Wiegand, as Attorney-in-Fact for James A. Brock
Stock symbol
CEIX
Transactions as of
Feb 1, 2022
Transactions value $
-$1,741,524
Form type
4
Date filed
2/3/2022, 08:08 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 +145K +34.94% $0.00 562K Feb 1, 2022 Direct F1
transaction CEIX Common stock, par value $0.01 per share Options Exercise $0 +13.2K +2.35% $0.00 575K Feb 1, 2022 Direct F2
transaction CEIX Common stock, par value $0.01 per share Tax liability -$1.74M -72.7K -12.64% $23.95 502K Feb 1, 2022 Direct F3, F4
holding CEIX Common stock, par value $0.01 per share 3.74K Feb 1, 2022 By 401(k) Plan

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 -59.1K -33.33% $0.00 118K Feb 1, 2022 Common stock, par value $0.01 per share 59.1K 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. (the "Company") granted on February 11, 2020. 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 The reporting person's shares of Common Stock reported in this report were earned pursuant to the PSUs of the Company 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.
F3 Represents shares of Common Stock withheld to satisfy the Reporting Person's tax liability from the vesting of the PSUs.
F4 Of the 502,388 shares reported as directly held, 161,422 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.