Ramaco Resources, Inc. — Director's Dealing 2023

Dec 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ramaco Resources, Inc. (METC)
CIK: 0001687187
Period of Report: 2023-11-29

Reporting Person: LAWRENCE BRYAN H (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-29	Class A Common Stock, par value $0.01 per share	S	20353	$16.5726	Disposed	5024763	Indirect
2023-11-29	Class B Common Stock, par value $0.01 per share	S	186	$15.5869	Disposed	1092627	Indirect
2023-11-29	Class A Common Stock, par value $0.01 per share	S	13399	$16.5726	Disposed	3307973	Indirect
2023-11-29	Class B Common Stock, par value $0.01 per share	S	122	$15.5869	Disposed	719310	Indirect
2023-11-29	Class A Common Stock, par value $0.01 per share	S	20272	$16.5726	Disposed	5004781	Indirect
2023-11-29	Class B Common Stock, par value $0.01 per share	S	185	$15.5869	Disposed	1088279	Indirect
2023-11-30	Class A Common Stock, par value $0.01 per share	S	23311	$16.6981	Disposed	5001452	Indirect
2023-11-30	Class B Common Stock, par value $0.01 per share	S	1130	$14.9457	Disposed	1091497	Indirect
2023-11-30	Class A Common Stock, par value $0.01 per share	S	15346	$16.6981	Disposed	3292627	Indirect
2023-11-30	Class B Common Stock, par value $0.01 per share	S	744	$14.9457	Disposed	718566	Indirect
2023-11-30	Class A Common Stock, par value $0.01 per share	S	23218	$16.6981	Disposed	4981563	Indirect
2023-11-30	Class B Common Stock, par value $0.01 per share	S	1126	$14.9457	Disposed	1087153	Indirect
2023-12-01	Class A Common Stock, par value $0.01 per share	S	36833	$17.7523	Disposed	4964619	Indirect
2023-12-01	Class B Common Stock, par value $0.01 per share	S	1507	$16.0701	Disposed	1089990	Indirect
2023-12-01	Class A Common Stock, par value $0.01 per share	S	24249	$17.7523	Disposed	3268378	Indirect
2023-12-01	Class B Common Stock, par value $0.01 per share	S	992	$16.0701	Disposed	717574	Indirect
2023-12-01	Class A Common Stock, par value $0.01 per share	S	36686	$17.7523	Disposed	4944877	Indirect
2023-12-01	Class B Common Stock, par value $0.01 per share	S	1501	$16.0701	Disposed	1085652	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock, par value $0.01 per share	119536	Direct
Class B Common Stock, par value $0.01 per share	23907	Direct

Footnotes

F1: The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for Section 16 or any other purpose.

F2: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.43 to $16.80, inclusive. The reporting person undertakes to Ramaco Resources, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (2), (3), (4), (5), (6), and (7).

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.50 to $15.77, inclusive.

F4: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.50 to $16.87, inclusive.

F5: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.80 to $15.08, inclusive.

F6: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.50 to $18.06, inclusive.

F7: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.59 to $16.34, inclusive.

F8: These securities are owned directly by Yorktown Energy Partners IX, L.P. ("Yorktown IX"). The reporting person is a member and manager of Yorktown IX Associates LLC, the general partner of Yorktown IX Company LP, the general partner of Yorktown IX.

F9: These securities are owned directly by Yorktown Energy Partners X, L.P. ("Yorktown X"). The reporting person is a member and manager of Yorktown X Associates LLC, the general partner of Yorktown X Company LP, the general partner of Yorktown X.

F10: These securities are owned directly by Yorktown Energy Partners XI, L.P. ("Yorktown XI"). The reporting person is a member and manager of Yorktown XI Associates LLC, the general partner of Yorktown XI Company LP, the general partner of Yorktown XI.