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Ramaco Resources, Inc. Director's Dealing 2024

Mar 4, 2024

31692_dirs_2024-03-04_d00327bb-a3d9-4260-9b95-daafcae853a1.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ramaco Resources, Inc. (METC)
CIK: 0001687187
Period of Report: 2024-02-29

Reporting Person: Marcum John Cecil (N/A)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-02-29 Restricted Stock Units $0 A 27648 Acquired Class A common stock (27648) Direct
2024-02-29 Performance Stock Units $0 A 27648 Acquired 2026-12-31 Class A common stock (27648) Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Ramaco Resources, Inc. (the "Company") Class A common stock.

F2: The RSUs vest in three equal installments beginning January 31, 2025

F3: This consists of 4,321 RSUs remaining from the Company's February 16, 2022 grant, 36,580 RSUs remaining from the Company's February 20, 2023 grant, and 27,648 RSUs remaining from the Company's February 29, 2024 grant.

F4: Each performance stock unit ("PSU") represents a contingent right to receive one share of the Company's Class A common stock. The PSUs vest upon the Company's Class A common stock achieving a specified total shareholder return for a measurement period.

F5: This consists of 12,963 PSUs remaining from the Company's February 16, 2022 grant, 54,870 PSUs remaining from the Company's February 20, 2023 grant, and 27,648 PSUs remaining from the Company's February 29, 2024 grant.