Core Natural Resources (CNR) Form 4 CONSOL Energy / John Rothka ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Rothka John

(Last) (First) (Middle)

1000 CONSOL ENERGY DRIVE, SUITE 100

(Street)

CANONSBURG PA 15317

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CONSOL Energy Inc. [ CEIX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/01/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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		212(1)	A	$0.00	16,795	D
Common stock, par value $0.01 per share	02/01/2022		F		61(2)	D	$23.95	16,734(3)	D

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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	(4)	02/01/2022		M			2,111	(4)	(4)	Common stock, par value $0.01 per share	2,111	$0.00	4,221	D

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. 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.

2. Represents shares of Common Stock withheld to satisfy the Reporting Person's tax liability from the vesting of the PSUs.

3. Of the 16,734 shares reported as directly held, 7,073 are restricted stock units (including dividend equivalent rights).

4. 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.

Remarks:

	/s/ Martha A. Wiegand, as Attorney-in-Fact for John M. Rothka	02/03/2022
	** Signature of Reporting Person	Date
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).
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