Filing Details

Accession Number:
Form Type:
Zero Holdings:
Publication Time:
2010-05-28 13:00:00
Reporting Period:
Filing Date:
Accepted Time:
2010-05-28 11:49:15
SEC Url:
Form 4 Filing
Cik Name Symbol Sector (SIC) IRS No
1335793 Cnx Gas Corp CXG Crude Petroleum & Natural Gas (1311) 203170639
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1282652 Raj Gupta 1000 Consol Energy Drive
Canonsburg PA 15317
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares, $0.01 Par Value Per Share Disposition 2010-05-26 18,896 $38.25 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Shares, $0.01 Par Value Per Share Stock Option (Right to Buy) Disposition 2010-05-26 2,544 $9.75 2,544 $28.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2016-04-28 No 4 D Direct
  1. These shares were tendered to CONSOL Energy Inc. ("CONSOL"), the parent company of CNX Gas Corporation (the "Issuer"), pursuant to CONSOL's offer to purchase all of the outstanding shares of the Issuer at a cash purchase price of $38.25 per share, pursuant to the terms and conditions set forth in the Offer to Purchase, dated April 28, 2010 (as amended and supplemented, the "Offer to Purchase") and in the related letter of transmittal (which, together with any amendments or supplements thereto, collectively constitute the "Tender Offer").
  2. The shares underlying each of these options, which were vested in full at the closing of the Tender Offer, were cancelled in connection with the Tender Offer in exchange for the right to receive a cash payment equal to the number of shares of Issuer common stock underlying each such option multiplied by the product of $38.25 minus the exercise price per share of such option.
  3. The cancelled option vested in full on April 28, 2009.