James A. Brock - 31 Jan 2023 Form 4 Insider Report for CONSOL Energy Inc. (CNR)

Role: Chief Executive Officer, Director
Signature: /s/ Martha A. Wiegand, as Attorney-in-Fact for James A. Brock
Issuer symbol: CNR
Transactions as of: 31 Jan 2023
Net transactions value: -$3,921,568
Form type: 4
Filing time: 02 Feb 2023, 20:21:48 UTC
Previous filing: 05 Dec 2022
Next filing: 09 Feb 2023
SEC: View on sec.gov

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	+147,898	+31%	$0.000000	620,918	31 Jan 2023	Direct	F1
transaction	CEIX	Common stock, par value $0.01 per share	Tax liability	$3,921,568	-67,812	-11%	$57.83	553,106	31 Jan 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	-59,101	-50%	$0.000000	59,101	31 Jan 2023	Common stock, par value $0.01 per share	59,101		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.