James A. Brock - Jan 31, 2023 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
Jan 31, 2023
Transactions value $
-$3,921,568
Form type
4
Date filed
2/2/2023, 08:21 PM
Previous filing
Dec 5, 2022
Next filing
Feb 9, 2023

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 +148K +31.27% $0.00 621K Jan 31, 2023 Direct F1
transaction CEIX Common stock, par value $0.01 per share Tax liability -$3.92M -67.8K -10.92% $57.83 553K Jan 31, 2023 Direct F2, F3

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 -50% $0.00 59.1K Jan 31, 2023 Common stock, par value $0.01 per share 59.1K Direct F4
* 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 January 31, 2023 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 Represents shares of common stock withheld to satisfy the Reporting Person's tax liability from the vesting of PSUs previously granted to him.
F3 Of the 553,106 shares reported as directly held, 147,262 are restricted stock units (including dividend equivalent rights).
F4 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 second installment vested on December 31, 2022 and was settled in exchange for a cash payment on January 31, 2023.