Sec Form 4 Filing - Brock James A @ CONSOL Energy Inc. - 2022-02-01

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Brock James A
2. Issuer Name and Ticker or Trading Symbol
CONSOL Energy Inc. [ CEIX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
1000 CONSOL ENERGY DRIVE, SUITE 100
3. Date of Earliest Transaction (MM/DD/YY)
02/01/2022
(Street)
CANONSBURG, PA15317
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common stock, par value $0.01 per share 02/01/2022 M 145,488( 1 ) A $ 0 561,901 D
Common stock, par value $0.01 per share 02/01/2022 M 13,202( 2 ) A $ 0 575,103 D
Common stock, par value $0.01 per share 02/01/2022 F 72,715( 3 ) D $ 23.95 502,388( 4 ) D
Common stock, par value $0.01 per share 3,740 I By 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Market Share Units ( 5 ) 02/01/2022 M 59,102 ( 5 ) ( 5 ) Common stock, par value $0.01 per share 59,102 $ 0 118,202 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Brock James A
1000 CONSOL ENERGY DRIVE, SUITE 100
CANONSBURG, PA15317
X Chief Executive Officer
Signatures
/s/ Martha A. Wiegand, as Attorney-in-Fact for James A. Brock 02/03/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )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.
( 3 )Represents shares of Common Stock withheld to satisfy the Reporting Person's tax liability from the vesting of the PSUs.
( 4 )Of the 502,388 shares reported as directly held, 161,422 are restricted stock units (including dividend equivalent rights).
( 5 )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.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.