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Form 4 CONSOL Energy Inc For: May 24 Filed by: Ritter Lorraine L.

May 26, 2015 5:10 PM EDT
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 *
Ritter Lorraine L.

(Last) (First) (Middle)
1000 CONSOL ENERGY DRIVE

(Street)
CANONSBURG PA 15317

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CONSOL Energy Inc [ CNX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Controller and Vice President
3. Date of Earliest Transaction (Month/Day/Year)
05/24/2013
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 shares, $0.01 per share 05/24/2013   P   50 (1) A $ 35.7584 19,484 D  
Common shares, $0.01 per share 05/24/2013   A   14 (2) A $ 0 19,498 D  
Common shares, $0.01 per share 06/01/2013   S   851 (3) D $ 34.74 18,647 D  
Common shares, $0.01 per share 08/23/2013   P   60 (1) (4) A $ 33.8501 18,707 D  
Common shares, $0.01 per share 08/23/2013   A   5 (2) A $ 0 18,712 D  
Common shares, $0.01 per share 12/04/2013   P   55 (1) (5) A $ 36.8932 18,767 D  
Common shares, $0.01 per share 12/04/2013   A   5 (2) A $ 0 18,772 D  
Common shares, $0.01 per share 01/26/2014   S   181 (3) (4) D $ 37.25 18,591 D  
Common shares, $0.01 per share 01/31/2014   A   3,347 (6) A $ 0 21,938 D  
Common shares, $0.01 per share 02/23/2014   S   139 (3) (5) (7) D $ 40.3 21,799 D  
Common shares, $0.01 per share 02/28/2014   P   26 (1) (7) A $ 39.8135 21,825 D  
Common shares, $0.01 per share 02/28/2014   A   5 (2) A $ 0 21,830 D  
Common shares, $0.01 per share 03/07/2014   M   2,500 A $ 15.39 24,330 D  
Common shares, $0.01 per share 03/07/2014   S   2,500 D $ 40.073 21,830 D  
Common shares, $0.01 per share 05/30/2014   P   24 (1) A $ 44.5231 21,854 D  
Common shares, $0.01 per share 05/30/2014   A   4 (2) A $ 0 21,858 D  
Common shares, $0.01 per share 09/02/2014   P   26 (1) A $ 40.1949 21,884 D  
Common shares, $0.01 per share 09/02/2014   A   5 (2) A $ 0 21,889 D  
Common shares, $0.01 per share 12/03/2014   P   28 (1) A $ 37.8331 21,917 D  
Common Shares, $0.01 per share 12/03/2014   A   5 (2) A $ 0 21,922 D  
Common Shares, $0.01 per share 01/26/2015   S   218 (3) (10) D $ 31.05 21,704 D  
Common Shares, $0.01 per share 01/30/2015   A   1,728 (6) A $ 0 23,432 D  
Common Shares, $0.01 per share 01/31/2015   S   343 (3) D $ 28.95 23,089 D  
Common Shares, $0.01 per share 03/06/2015   P   37 (1) (10) A $ 30.3587 23,126 D  
Common Shares, $0.01 per share 03/06/2015   A   6 (2) A $ 0 23,132 D  
Common Shares, $0.01 per share 04/30/2015   M   1,976 A $ 22.75 25,108 D  
Common Shares, $0.01 per share 04/30/2015   S   1,976 D $ 30.5983 23,132 (11) D  
Common Shares, $0.01 per share               1,697 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 (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
Stock Option (right to buy) $ 15.39 03/07/2014   M     2,500   (8) 04/27/2014 Common Shares, $0.01 per share 2,500 $ 0 0 D  
Stock Option (right to buy) $ 22.75 04/30/2015   M     1,976   (9) 05/03/2015 Common Shares, par value $0.01 per share 1,976 $ 0 0 D  
Explanation of Responses:
1. Represents shares of Company common stock acquired through a dividend reinvestment plan implemented by the reporting person.
2. Represents dividend equivalent rights earned under the Equity Incentive Plan as part of a grant of restricted stock units.
3. Represents shares withheld to satisfy the reporting person's tax liability resulting from the vesting of restricted stock units previously granted to her.
4. The reporting person's purchase of CONSOL Energy Inc. (the "Company") common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act:"), to the extent of 60 shares, with the reporting person's sale of shares of the Company's common stock on January 26, 2014. The reporting person has made arrangements with the Company to disgorge to the Company $204.11, which represents the full amount of profit calculated in connection with the transactions.
5. The reporting person's purchase of the Company's common stock reported herein was matchable under Section 16(b) of the Exchange Act, to the extent of 55 shares, with the reporting person's sale of 139 shares of the Company's common stock at a price of $40.30 per share on February 23, 2014. The reporting person has made arrangements with the Company to disgorge to the Company $188.31, which represents the full amount of profit calculated in connection with the transactions.
6. Grant of restricted stock units, which vest annually in equal installments over a period of three years, under the Company's Equity Incentive Plan.
7. The reporting person's purchase of the Company's common stock reported herein was matchable under Section 16(b) of the Exchange Act, to the extent of 26 shares, with the reporting person's sale of shares of the Company's common stock on February 23, 2014. The reporting person has made arrangements with the Company to disgorge to the Company $12.80, which represents the full amount of profit calculated in connection with the transactions.
8. The option vested in four equal installments on April 27, 2005, 2006, 2007 and 2008.
9. The option vested in four equal installments on May 3, 2006, 2007, 2008 and 2009.
10. The reporting person's purchase of the Company's common stock reported herein was matchable under Section 16(b) of the Exchange Act, to the extent of 37 shares, with the reporting person's sale of shares of the Company's common stock on January 26, 2015. The reporting person has made arrangements with the Company to disgorge to the Company $25.97, which represents the full amount of profit calculated in connection with the transactions.
11. Of the 23,132 shares owned directly, 3,977 are restricted stock units (including divdend equivalend rights).
Remarks:
This Form 4 was inadvertently filed late due to a misunderstanding about whether the reporting person was considered to be an "officer" for reporting purposes pursuant to Section 16(a) of the Securities Exchange Act of 1934, as amended, since CONSOL Energy Inc. (the "Company") had determined that the reporting person was not considered to be an "executive officer" for reporting purposes pursuant to Item 401(b) of Regulation S-K under the Securities Act of 1933, as amended.  This Form 4 has been filed in conjunction with a Form 3 report filed by the reporting person, and reflects all reportable transactions undertaken by the reporting person from March 1, 2013, the date she was appointed as the Company's principal accounting officer, and the current date.
/s/ Lorraine L. Ritter by Stephanie L. Gill, her attorney-in-fact 05/26/2015
** 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).
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.


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