Ramaco Resources, Inc. — Director's Dealing 2024

Dec 17, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ramaco Resources, Inc. (METC)
CIK: 0001687187
Period of Report: 2024-12-15

Reporting Person: Horn Paul Bryan Jr. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-12-15	Class A common stock	F	3680	$12.02	Disposed	24777	Direct
2024-12-15	Class B common stock	F	736	$10.50	Disposed	5482	Direct

Footnotes

F1: The second installment of restricted stock granted to participant on September 16, 2022 under the Ramaco Resources Inc.'s (the "Company") Long Term Incentive Plan vested on December 15, 2024.

F2: Shares surrendered upon vesting to satisfy tax obligations. The number of shares surrendered was based on the closing price of the Issuer's Class A common stock on December 13, 2024.

F3: Shares surrendered upon vesting to satisfy tax obligations. The number of shares surrendered was based on the closing price of the Issuer's Class B common stock on December 13, 2024.

F4: On November 20, 2024, the Issuer declared stock dividends of $0.1375 per share of Class A common stock and $0.2364 per share of Class B common stock, both payable in shares of the Issuer's Class B common stock on December 16, 2024 (the "December Dividend"), to shareholders of record as of the close of Nasdaq on December 2, 2024, with the amount of Class B shares to be issued per share for each respective class of stock determined by dividing the dividend amount by the closing transaction price of the Class B common stock at the close of the market on the record date ($9.96). As a result, the reporting person received 527 shares of Company's Class B common stock as of December 16, 2024.