FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 07/20/2015 |
3. Issuer Name and Ticker or Trading Symbol
CONSOL Energy Inc [ CNX ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock, $0.01 par value | 775,926 | I(1)(2)(3) | See Footnote(4) |
Common Stock, $0.01 par value | 4,468,414 | I(1)(2)(3) | See Footnote(5) |
Common Stock, $0.01 par value | 8,289,052 | I(1)(2)(3) | See Footnote(6) |
Common Stock, $0.01 par value | 3,136,568 | I(1)(2)(3) | See Footnote(7) |
Common Stock, $0.01 par value | 3,198,085 | I(1)(2)(3) | See Footnote(8) |
Common Stock, $0.01 par value | 2,943,393 | I(1)(2)(3) | See Footnote(9) |
Common Stock, $0.01 par value | 129,000 | I(1)(2)(3) | See Footnote(10) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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Explanation of Responses: |
1. David Einhorn is the president of Greenlight Capital, Inc. ("Greenlight Inc."), the senior manager of DME Advisors GP, LLC ("DME GP") and the Senior Manager of Greenlight Masters, LLC ("Masters LLC"). 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., DME GP and Masters LLC. |
2. The foregoing entities control the disposition and voting of common stock (the "Common Stock") of CONSOL Energy Inc. ("Issuer"), owned by the following entities: Greenlight Capital, L.P. ("Greenlight Fund"), Greenlight Capital Qualified, L.P. ("Greenlight Qualified"), Greenlight Capital Offshore Partners ("Greenlight Offshore"), Greenlight Capital (Gold), LP ("Greenlight Gold"), Greenlight Capital Offshore Master (Gold), Ltd. ("Greenlight Gold Offshore"), an account managed by DME (the "Managed Account") and Greenlight Masters Partners ("Greenlight Masters", and, together with Greenlight Fund, Greenlight Qualified, Greenlight Offshore, Greenlight Gold, Greenlight Gold Offshore, the Managed Account, Greenlight Inc., DME GP, Masters LLC, DME, DME CM and Mr. Einhorn, the "Greenlight Parties"), in the respective capacities and quantities further described in the footnotes below. |
3. 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 Stock except to the extent of their respective pecuniary interests therein. The filing of this Form 3 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 Stock owned by Greenlight Fund, Greenlight Qualified, Greenlight Offshore, Greenlight Gold, Greenlight Gold Offshore, the Managed Account or Greenlight Masters. |
4. Greenlight Inc. controls the voting and disposition of 775,926 shares of Common Stock held for account of Greenlight Fund, for which Greenlight Inc. serves as investment manager. |
5. Greenlight Inc. controls the voting and disposition of 4,468,414 shares of Common Stock held for account of Greenlight Qualified, for which Greenlight Inc. serves as investment manager. |
6. Greenlight Inc. controls the voting and disposition of 8,289,052 shares of Common Stock held for account of Greenlight Offshore, for which Greenlight Inc. serves as investment manager. |
7. DME CM controls the voting and disposition of 3,136,568 shares of Common Stock held for account of Greenlight Gold, for which DME CM serves as investment manager. |
8. DME CM controls the voting and disposition of 3,198,085 shares of Common Stock held for account of Greenlight Gold Offshore, for which DME CM serves as investment manager. |
9. DME controls the voting and disposition of 2,943,393 shares of Common Stock held for account of the Managed Account, for which DME serves as investment manager. |
10. Masters LLC controls the voting and disposition of 129,000 Common Stock held for account of Greenlight Masters, for which Masters LLC serves as investment manager. |
Remarks: |
* The Power of Attorney executed by David Einhorn, authorizing the signatory to sign and file this Schedule 13G on David Einhorn's behalf, filed as Exhibit 99.2 to the Schedule 13G filed with the Securities and Exchange Commission on May 24, 2010 by the Reporting Persons with respect to the common stock of NCR Corporation, is hereby incorporated by reference. |
/s/ Daniel Roitman*, attorney-in-fact for David Einhorn | 07/22/2015 | |
/s/ Daniel Roitman, Chief Operating Officer of Greenlight Capital, Inc. | 07/22/2015 | |
/s/ Daniel Roitman, Chief Operating Officer of DME Advisors GP, L.L.C., General Partner of DME Advisors, L.P. | 07/22/2015 | |
/s/ Daniel Roitman, Chief Operating Officer of DME Capital Management, L.P. | 07/22/2015 | |
/s/ Daniel Roitman, Chief Operating Officer of DME Advisors GP, L.L.C. | 07/22/2015 | |
/s/ Daniel Roitman, Chief Operating Officer of Greenlight Masters, LLC | 07/22/2015 | |
** 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 5 (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. |