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CEIX CONSOL Energy Inc

105.39
4.09 (4.04%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
CONSOL Energy Inc NYSE:CEIX NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  4.09 4.04% 105.39 107.275 101.79 102.50 645,838 01:00:00

Statement of Changes in Beneficial Ownership (4)

11/01/2021 11:36pm

Edgar (US Regulatory)


FORM 4 [X] 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 OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

EINHORN DAVID
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
_____ Officer (give title below)    __X__ Other (specify below)
Former 10% Owner
(Last)          (First)          (Middle)

140 EAST 45TH STREET, FLOOR 24
3. Date of Earliest Transaction (MM/DD/YYYY)

1/11/2021
(Street)

NEW YORK, NY 10017
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

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

___ Form filed by One Reporting Person
_ X _ 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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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         1832817 I (1)(2)(3)(4)(5)See Footnote (6)
Common Stock         1116708 I (1)(2)(3)(4)(5)See Footnote (7)
Common Stock         444839 I (1)(2)(3)(4)(5)See Footnote (8)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) David Einhorn is the president of Greenlight Capital, Inc. ("Greenlight Inc.") and the senior manager of DME Advisors GP, LLC ("DME GP"). DME GP is the general partner of DME Advisors, LP ("DME") and DME Capital Management, LP ("DME CM"). Mr. Einhorn may be deemed to beneficially own the securities reported herein by virtue of his positions with respect to Greenlight Inc. and DME GP.
(2) The foregoing entities control the disposition and voting of shares of Common Stock (the "Common Shares") of CONSOL Energy, Inc. owned by the following entities: Greenlight Capital Offshore Partners, Ltd. ("GCOP, Ltd."), Greenlight Capital Offshore Master, Ltd. ("GCOM"), and Solasglas Investments, LP ("SILP", and, together with GCOP, Ltd., GCOM, Greenlight Inc., DME GP, DME, DME CM and Mr. Einhorn, the "Greenlight Parties"), in the respective capacities and quantities further described in the footnotes below.
(3) Each of GCOP, Ltd., GCOM and SILP holds its respective Common Shares through separate wholly-owned subsidiaries, and all references herein to GCOP, Ltd., GCOM, and SILP include such entities and their respective wholly-owned subsidiaries.
(4) Pursuant to Rule 16a-1 under the Securities Exchange Act of 1934, as amended (the "Act"), the Greenlight Parties disclaim beneficial ownership of the Common Shares except to the extent of their respective pecuniary interests therein. The filing of this Form 4 shall not be construed as an admission that any of the Greenlight Parties is or was for the purposes of Section 16(a) of the Act, or otherwise, the beneficial owner of any of the Common Shares owned by GCOP, Ltd., GCOM or SILP.
(5) Shortly after becoming subject to reporting under Section 16 of the Act, the reporting persons delivered Common Shares to cover previously established short positions, which reduced the reporting persons beneficial ownership of Common Shares. As a result, the reporting persons are no longer subject to reporting under Section 16 of the Act.
(6) Greenlight Inc. controls the voting and disposition of 1,832,817 Common Shares held for the account of GCOP, Ltd., of which Greenlight Inc. acts as investment advisor.
(7) DME CM controls the voting and disposition of 1,116,708 Common Shares held for the account of GCOM, of which DME CM acts as investment advisor.
(8) DME controls the voting and disposition of 444,839 Common Shares held for the account of SILP, of which DME serves as the investment advisor.

Remarks:
* The Power of Attorney executed by David Einhorn, authorizing the signatory to sign and file this report on David Einhorn's behalf, filed as Exhibit 99.1 to the Schedule 13D filed with the Securities and Exchange Commission on August 29, 2019 by the Reporting Persons with respect to the common units of CONSOL Coal Resources, is hereby incorporated by reference.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
EINHORN DAVID
140 EAST 45TH STREET
FLOOR 24
NEW YORK, NY 10017



Former 10% Owner
DME Advisors, LP
140 EAST 45TH STREET
24TH FLOOR
NEW YORK, NY 10017



Former 10% Owner
DME Capital Management, LP
140 EAST 45TH STREET
24TH FLOOR
NEW YORK, NY 10017



Former 10% Owner
DME Advisors GP, L.L.C.
140 EAST 45TH STREET
24TH FLOOR
NEW YORK, NY 10017



Former 10% Owner
GREENLIGHT CAPITAL INC
140 EAST 45TH STREET
24TH FLOOR
NEW YORK, NY 10017



Former 10% Owner

Signatures
/s/ Daniel Roitman, attorney-in-fact for David Einhorn*1/11/2021
**Signature of Reporting PersonDate

/s/ Daniel Roitman, Chief Operating Officer of Greenlight Capital, Inc.1/11/2021
**Signature of Reporting PersonDate

/s/ Daniel Roitman, Chief Operating Officer of DME Advisors GP, L.L.C., General Partner of DME Advisors, L.P.1/11/2021
**Signature of Reporting PersonDate

/s/ Daniel Roitman, Chief Operating Officer of DME Capital Management, L.P.1/11/2021
**Signature of Reporting PersonDate

/s/ Daniel Roitman, Chief Operating Officer of DME Advisors GP, L.L.C.1/11/2021
**Signature of Reporting PersonDate

1 Year CONSOL Energy Chart

1 Year CONSOL Energy Chart

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1 Month CONSOL Energy Chart